In the month of November, Acme Storage Company Inc. wrote checks in the amount of $55,500. In December, checks in the amount of $75,948 were written, In November, $50,808 of these checks were presented to the bank for payment and $65,298 in December. What is the amount of outstanding checks at the end of December, assuming that there were no checks outstanding on October 31 ? $15,342. 510,650 $21,300. 54,892