When preparing a bank reconciliation, it is realised that:(i) Cheques with a value of $1,050 have been sent to suppliers and correctly entered in the cash book, but have not yet been presented for payment.(ii) A cheque for $75 sent to a supplier has been incorrectly recorded in the cash book as $57.(iii) Before correction, the cash book has a balance of $10,500 credit.(iv) Bank charges of $175 have not been recorded in the cash book.What is the closing balance shown on the bank statement?