In the Month of May, Grimm Company Inc

Multiple Choice

In the month of May, Grimm 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