Schneider Inc. had salaries payable of $60,000 and $91,500 at the end of 2012 and 2013, respectively.

Question:

Schneider Inc. had salaries payable of $60,000 and $91,500 at the end of 2012 and 2013, respectively. During 2013, Schneider recorded $621,200 in salaries expense in its income statement. Cash outflows for salaries in 2013 were:
a) $652,700.
b) $529,700.
c) $621,200.
d) $589,700.