The bookkeeper for Cullumber Manufacturing Ltd. was trying to determine what items would be used in preparing the company's bank reconciliation that she is completing at May 31, 2021. the end of the company's first month of operations. The company's bank statement showed the following: CULLUMBERMANUFACTURING LTD. Bank Statement May 31 Amounts Amounts Added Deducted from to Account Description Account (Debits) (Credits) Date Balance May 1 Deposit 26,500 26,500 3 1,712 24.788 Cheque, No. 001 Cheque, No. 002 5 7,563 17.225 15 Deposit 4.929 22,154 19 Cheque, No.004 8.789 13,365 21 Cheque, No. 006 1,056 12,309 21 Cheque, No. 006 1,056 12.309 25 Returned cheque--NSF, S. Gillis 1.431 10,878 25 NSF fee 33 10.845 27 2.259 8,586 28 Cheque No. 009 Cheque No 010 Bank service charges 2,083 6,503 31 45 6,458 Cullumber's summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) fi the month of May showed the following: Cash Receipts Cash Payments Number Amount Amount Date Date May 1 $26,500 May 2 001 $1.712 15 4.929 3 002 7,563 31 8,284 14 003 1,782 $39.713 15 004 8.789 Question 9 of 9 $39.713 15 004 8.789 18 005 379 19 006 1,056 22 007 2.263 23 008 563 25 009 2.259 26 010 2,083 $28,449 (a) (b) Review Cullumber's cheque summary and determine the amount of any cheques that have not yet cleared the company's bank account. These will be outstanding cheques. (Hint: It can be useful to check off or cross out the cheques that appear on both the bank statement and the cheque summary because these will not be outstanding cheques.) Outstanding Cheques: $ $