accounting question 380183

1. Elkins Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Elkins Company issued checks totaling $38,900. The July bank statement shows that $26,300 in checks cleared the bank in July. A check from one of Elkins Company’s customers in the amount of $300 was also returned marked “NSF.” The amount of outstanding checks on Elkins Company’s July bank reconciliation should be

A)$18,000.
B)$17,700.
C)$7,200.
D)$12,600.