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LAC, Inc. began operations in Year 1. The following information is provided at the end of each year: Year 1 Year 2 Salaries expense $
LAC, Inc. began operations in Year 1. The following information is provided at the end of each year: Year 1 Year 2 Salaries expense $ 150,000 $ 160,000 Salaries payable 20,000 30,000 What would be LAC's cash paid to employees in Year 2? Select one: O a. $160,000 O b. $150,000 O c. $140,000 O d. $170,000 O e. $180,000
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