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Origin Corp. had outstanding checks totaling $5,550 on its June bank reconciliation. In July, Origin issued checks totaling $40,400. The July bank statement shows that

Origin Corp. had outstanding checks totaling $5,550 on its June bank reconciliation. In July, Origin issued checks totaling $40,400. The July bank statement shows that $28,550 in checks cleared the bank in July. The amount of outstanding checks on Origin's July bank reconciliation should be:

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