(10%)六、The cash records of Sanders Company show the following: 1.In September, deposits per the bank statement totaled $39,600; deposits per books $37,000; and deposits in transit at September 30 were $2,500. 2.In September, cash disbursements per books were $35,500; checks clearing the bank were $37,800; and outstanding checks at September 30 were $4,500.There were no bank debit or credit memoranda and no errors were made by either the bank or Sanders Company.Answer the following questions:
(a)What were the deposits in transit at August 31? (5% )