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In the month of May, Pina Colada Corp. wrote checks in the amount of $71250. In June, checks in the amount of $97467 were written.
In the month of May, Pina Colada Corp. wrote checks in the amount of $71250. In June, checks in the amount of $97467 were written. In May, $65204 of these checks were presented to the bank for payment and $83799 in June. What is the amount of outstanding checks at the end of June?
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