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During? 2011, People ?Direct, Inc., incurred salary expense of $ 65 comma 000?, as shown on the income statement. The January? 1, 2011, balance sheet
During? 2011, People ?Direct, Inc., incurred salary expense of $ 65 comma 000?, as shown on the income statement. The January? 1, 2011, balance sheet showed salaries payable of $ 9 comma 150?; and the December? 31, 2011, balance sheet showed salaries payable of $ 13 comma 150. What adjustment to net income would be shown in the operating section of the statement of cash flows prepared using the indirect method related to this? information? How much cash was paid to employees? (for salary) during? 2011?
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