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Kline Company had checks outstanding totaling $5,700 on its May bank reconciliation. In June, Kline Company issued checks totaling $42,000. The July bank statement shows

Kline Company had checks outstanding totaling $5,700 on its May bank reconciliation. In June, Kline Company issued checks totaling $42,000. The July bank statement shows that $24,400 in checks cleared the bank in July. A check from one of Kline Company's customers in the amount of $240 was also returned marked "NSF." The amount of outstanding checks on Kline Company's July bank reconciliation should be

A.

$23,300.

B.

$17,600.

C.

$18,460.

D.

$11,900.

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