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22. In the month of May, Coronado Company Inc. wrote checks in the amount of $56800. In June, checks in the amount of $76400 were

22.

In the month of May, Coronado Company Inc. wrote checks in the amount of $56800. In June, checks in the amount of $76400 were written. In May, $50800 of these checks were presented to the bank for payment, and $65900 in June. What is the amount of outstanding checks at the end of June?

$10500

$19600

$6000

$16500

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