On Concord Corp's April bank reconciliation cheques outstanding totalled $9660. In May, the corporation issued cheques totalling $26880. The Maybank statement shows that $24280 in cheques cleared the bank in May. A cheque from one of Concord Corp's customers in the amount of $310 was also returned marked "NSE" The amount of outstanding cheques on Concord's May bank reconciliation should be O $2600 O $12570 O $11950 O $12260