1 34 Blackfly Ltd. had no outstanding current liabilities at the start of year 2007. During the year, the company paid $300,000 for direct labour. At the end of the year the company still owed a $2.000 performance bonus to one employee, and $33,000 to another employee. The amount the company would report as labour expense for 2007 is $325,000 $302.000 none of the listed answers are correct $300,000 $298,000 5