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A company had a balance of $22,000 in its wages payable account on January 1, 2020. The wage expense for the year ended December 31,

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A company had a balance of $22,000 in its wages payable account on January 1, 2020. The wage expense for the year ended December 31, 2020, was $340,000. In addition, factory wages totaling $220,000 were charged to work in process during the year 2020. If the balance in the wages payable account at December 31, 2020, amounted to $29,000, wages paid during the year 2020 were: A) $589,000 B) $582,000 C) $567,000 D) $560,000 E) $553,000

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