Sigma’s bank statement shows an overdrawn balance of $38,600 at 30 June 2005. A check against the company’s
cash book revealed the following differences:

1       Bank charges of $200 have not been entered in the cash book.
2       Lodgements recorded on 30 June 2005 but credited by the bank on 2 July $14,700.
3       Cheque payments entered in cash book but not presented for payment at 30 June 2005 $27,800.
4       A cheque payment to a supplier of $4,200 charged to the account in June 2005 recorded in the cash book as
         a receipt.

Based on this information, what was the cash book balance BEFORE any adjustments?

A      $43,100 overdrawn
B      $16,900 overdrawn
C      $60,300 overdrawn
D      $34,100 overdrawn

A