Mia received her bank statement on March 6 , showing a balance of \( \$ 1,729.73 \). The balance shown in her checkbook was \( \$ 1,427.58 \). Deposits in transit amounted to \( \$ 538.52 \) and there was a service charge of \( \$ 6.00 \). Outstanding checks were \( \$ 155.44 \), \( \$ 291.26 \), and \( \$ 342.03 \), and the interest earned was \( \$ 57.94 \). Find the reconciled balance.

To find the reconciled balance, we need to adjust both the bank statement balance and the checkbook balance to account for deposits in transit, outstanding checks, service charges, and any interest earned. **Step 1: Adjust the bank statement balance** - Start with the bank statement balance: \( \$ 1,729.73 \) - Add deposits in transit: \( \$ 1,729.73 + \$ 538.52 = \$ 2,268.25 \) - Subtract outstanding checks: - \( \$ 155.44 \) - \( \$ 291.26 \) - \( \$ 342.03 \) Total outstanding checks: \( \$ 155.44 + \$ 291.26 + \$ 342.03 = \$ 788.73 \) Now subtract the total: \( \$ 2,268.25 - \$ 788.73 = \$ 1,479.52 \) **Step 2: Adjust the checkbook balance** - Start with the checkbook balance: \( \$ 1,427.58 \) - Subtract the service charge: \( \$ 1,427.58 - \$ 6.00 = \$ 1,421.58 \) - Add interest earned: \( \$ 1,421.58 + \$ 57.94 = \$ 1,479.52 \) The reconciled balance for both the bank statement and the checkbook is \( \$ 1,479.52 \).