In the Month of May, Lopat Company Inc

Multiple Choice

In the month of May, Lopat Company Inc. wrote checks in the amount of $46,250. In June, checks in the amount of $63,290 were written. In May, $42,340 of these checks were presented to the bank for payment, and $54,415 in June. What is the amount of outstanding checks at the end of June?

A) $8,875.
B) $3,910.
C) $12,785.
D) $17,750.