Rabco Inc., a calendar year, accrual basis corporation, accrued $48,800 wage and salary expense and a corresponding liability at the end of 2021. How much of the accrued expense is deductible in 2021?

Select one:

a. None of the accrued expense is deductible in 2021.

b. The amount of the accrued expense paid by March 15, 2022, is deductible in 2021.

c. The entire accrued expense is deductible in 2021.

d. The amount of the accrued expense paid by September 15, 2022, is deductible in 2021.