The balance shown in the August bank statement of Colt Company was $23,700. After examining the August bank statement and items included with it, the company's accountant found:
| Checks outstanding |
$4,800 |
| NSF check |
130 |
| Note collected by bank for the Colt Company |
1,300 |
| Deposits outstanding |
2,500 |
| Bank service charges |
70 |
What is the amount of cash that should be reported in the balance sheet as of August 31?