Mazor Inc.’s bank statement from Hometown Bank at August 31, 2012, gives the following information.

Mazor Inc.’s bank statement from Hometown Bank at August 31, 2012, gives the following information.
Balance, August 1 $18,639 Bank debit memorandum:
August deposits 71,239 Safety deposit box fee $ 95
Checks cleared in August 68,608 Service charge 120
Bank credit memorandum: Balance, August 31 21,170
Interest earned 115
A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,939; receipts $74,239; disbursements $73,500; and balance, August 31, $19,678. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,870 and outstanding checks of $4,570. In addition, you determine that there was an error involving a company check drawn in August: A check for $490 to a creditor on account that cleared the bank in August was journalized and posted for $49.
Determine the deposits in transit