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In the month of May, Sunland Company Inc. wrote checks in the amount of $83400. In June, checks in the amount of $114900 were written.

In the month of May, Sunland Company Inc. wrote checks in the amount of $83400. In June, checks in the amount of $114900 were written. In May, $75500 of these checks were presented to the bank for payment, and $98700 in June. No checks were outstanding at May 1. What is the amount of outstanding checks at the end of May?

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