Blossom Company had checks outstanding totaling $38200 on its June bank reconciliation. In July, Blossom Company issued checks totaling $275400. The July bank statement shows that $186200 in checks cleared the bank in July. A check from one of Blossom Company's customers in the amount of $2100 was also returned marked "NSF." The amount of outstanding checks on Blossom Company's July bank reconciliation should be

$89200.

$127400.

$125300.

$51000.