In the Month of November (Its First Period of Operations)

Multiple Choice

In the month of November (its first period of operations) Gavin Company Inc.wrote checks in the amount of $55500.In December checks in the amount of $75948 were written.During November $50808 of these checks were presented to the bank for payment and $65298 during December.What is the amount of outstanding checks at the end of December?

A) $10650.
B) $15342.
C) $4692.
D) $21300.