Question 5 The income statement of Dolan Corporation for 2020 included the following items: Interest Revenue $131,000 Salaries and wages expense 170,000 Insurance Expense 15,200 The following balances have been taken from Dolan Corporation's balance sheets: December 31, 2019 Interest Receivable Salaries and wages payable Prepaid insurance The cash paid for salaries during 2020 was: 1. $179,400 2.160,600 3. $161,600 4. $187,800 December 31, 2020 $18,200 $15,000 17,800 8,400 2,200 3,000