Exercise 7-7 At April 30, the bank reconciliation of Sheridan Company shows three outstanding checks: No. 254 $730, No. 255 $905, and No. 257 $450. The May bank statement and the May cash payments journal are given here Bank Statement Checks Paid Date Check No. Amount 5-4 5-2 5-17 5-12 5-20 5-29 5-30 254 257 258 259 260 263 262 $730 450 181 300 965 515 790 Cash Payments Journal Checks Issued Date Check No. Amount $181 300 965 450 790 515 390 5-2 5-5 5-10 5-15 5-22 5-24 5-29 258 259 260 261 262 263 264 Using step 2 in the reconciliation procedure, list the outstanding checks at May 31