From the Income Statement and Balance Sheet information listed below, what amount of cash was paid for salaries and wages during 2018?
A) $212,500
B) $217,500
C) $215,000
D) $233,300
A) $212,500
Explanation: salary expense - increase in payable = cash paid; ex: $215,000 - ($10,400 - $7,900)
= $212,500
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