James Company had checks outstanding totaling $10,800 on its June bank reconciliation. In July, James Company issued checks totaling $77,800. The July bank statement shows that $52,600 in checks cleared the bank in July. A check from one of James Company's customers in the amount of $600 was also returned marked "NSF." The amount of outstanding checks on James Company's July bank reconciliation should be which of the following? a)$25,200 b)$36,000 c)$35,400 d)$14,400