In the 1990’s, Enterprise Rent-A-Car was a highly-profitable and fast-growing market leader concerned with protecting their position in the market. Based on the information presented in the case and based on our lecture discussion, would you conclude that Enterprise was operating in a Red Ocean or Blue Ocean environment? Please be sure to frame your answer in the context of the Red Ocean / Blue Ocean model discussed in class.

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?