In the month of May Kayak Company Inc. wrote checks in the amount of $81000. In June checks in the amount of $112000 were written. In May $77000 of these checks were presented to the bank for payment and $96000 in June. What is the amount of outstanding checks at the end of May?

A) $4000
B) $16000
C) $19000
D) $31000

Outstanding Checks

Checks that have been written and recorded in the issuer's ledger but have not yet been cleared by the bank.

Checks Written

The act of writing a check to settle a transaction, implicating the withdrawal of the specified amount from the payer’s bank account.

Checks Presented

Checks that have been written and given to a recipient but have not yet cleared through the banking system.