Given the following Python function for UTF-8 validation, what is the value of the variable remaining after processing the second byte in the input [197, 130, 1]?

Given the following Python function for UTF-8 validation, what is the value of the variable remaining after processing the second byte in the input [197, 130, 1]?

def validUtf8(data):
    remaining = 0
    for byte in data:
        if remaining == 0:
            if (byte >> 5) == 0b110:
                remaining = 1
            elif (byte >> 4) == 0b1110:
                remaining = 2
            elif (byte >> 3) == 0b11110:
                remaining = 3
            elif (byte >> 7) == 0:
                remaining = 0
            else:
                return False
        else:
            if (byte >> 6) != 0b10:
                return False
            remaining -= 1
    return remaining == 0