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Fordham Company began the year with salaries payable of $20,500. Salaries payable at the end of the year were $23,500 and salary expense totaled $568,000.

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Fordham Company began the year with salaries payable of $20,500. Salaries payable at the end of the year were $23,500 and salary expense totaled $568,000. What was the amount of cash paid for salaries during the year? Multiple Choice $565,000. 0 $544,500. 0 $ $547,500. O $565,000. $544,500. O O $547,500. O $571,000. O $ $591,500

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