Easy Peasy Company as its starts its business operations has the following information of Checks issued from November 1, 2020 to December 31, 2020 Nov. 3, 2020 Check 0001 50,000.00 Nov. 7, 2020 Check 0002 55,000.00 Nov. 29, 2020 Check 0003 90,000.00 Dec. 4, 2020 Check 0004 80,000.00 Dec. 16, 2020 Check 0005 120,000.00 Dec. 27,2020 Check 0006 32,000.00 Dec. 28,2020 Check 0007 117,000.00 As per bank statement, the disbursement is P110,000.00 for the month of November which includes bank service charge of P5,000,00, while the disbursement for the month of December is P203,000.00 which includes bank service charge of P3,000.00 How much is the outstanding checks on December 31, 2020