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6. Churn Inc. has current notes payable are $22,500, accounts payable $72,000 and current income taxes payable are $7,000. Total current liabilities are $105,500. Churn
6. Churn Inc. has current notes payable are $22,500, accounts payable $72,000 and current income taxes payable are $7,000. Total current liabilities are $105,500. Churn has salaries and wages payable of:
a. $27,000
b. $3,500
c. $4,000
d. 30%
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