The financial statements of Gregg Co. reported wages expense of $396,000 during Year 2, wages payable of $62,400 at the beginning of Year 2, and wages payable of $85,800 at the end of Year 2. What amount of cash was paid for wages during Year 2?
A. $396,000
B. $372,600
C. $333,600
D. $458,400
Answer: B
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