Use the Following Information to Answer Questions

Multiple Choice

Use the following information to answer questions
In the month of May, Jansen Company Inc.wrote checks in the amount of $19,550.In the June, checks in the amount of $17,500 were written.In May, $18,500 of these checks were presented to the bank for payment, and $16,000 in June.
-What is the amount of outstanding checks at the end of May?

A) CHF2,550.
B) CHF1,550.
C) CHF1,500.
D) CHF1,050.