Question 7 (2.22 points) Salsa Inc., a calendar year taxpayer, accrued $48,800 wage and salary expense and a corresponding liability at the end of 2018 on their financial statements under GAAP. $10,000 was paid on January 15, 2019 and $38,800 was paid on September 24, 2019. How much of the accrued expense is deductible in 2018 if the corporation uses accrual basis for tax purposes? A) $38,800 OB) $0 C) $10,000 D) $48,800