A company pays its employees $3,700 each Friday, which amounts to $740 per day for the five-day work week that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:

Multiple Choice

• $1,480.

• $2,220.

• $740.

• $3,700.

• $2,960.