The following items appeared on the January 31 bank reconciliations for Gower Company:

Bank Service Charge: $8
NSF Check: $40
Outstanding Checks: $30
Deposit in Transit: $80
Error: Deposit by Gower for $400 was correctly recorded by Gower, but recorded for $440 by the bank.
Bank collection of Note Receivable for Gower: $170
The unadjusted balance per the January 31 bank statement is $1,000.

What is the adjusted cash balance for the January 31 balance sheet?

Select one:

a) $1,136
b) $1,014
c) $1,086
d) $1,050
e) $1,220