If Chiefs Co. paid $54,014 in wages in cash during the reporting period and had: - beginning balance in wages payable of $24,000 and - ending balance in wages payable of \$55,000. what was wages expense? Question 7 3 pts Assume you are preparing a cash flow statement. The income Statement shows a marketing expense of $5,000, and the Balance Sheet shows no account with any marketing prepaid or due. What can you assume about cash paid for marketing? We cannot tell anything about cash paid for marketing The cash paid for murketing was 52,500 this reporting period The cah paid for marketing was $5,000 this reporting period There was no casti paid for maketing this reporting period