13) Hot Sox Company had checks outstanding totaling $18,200 on its June bank reconciliation. In July, Hot Sox Company issued checks totaling $78,900. The July bank statement shows that $71,400 in checks cleared the bank in July. A check from one of Hot Sox Company's customers in the amount of $2,200 was also returned marked "NSF." What is the amount of outstanding checks on Hot Sox Company's July bank reconciliation