Required information The earnings statement of Waylon Taylor Textiles Ltd. for 20X7 included the following items: Interest revenue Salaries expense $75,500 $65,000 Insurance expense $9,600 The following balances have been excerpted from the company's Statement of Financial Position: Accrued interest receivable Accrued salaries payable Prepaid insurance December 31, 20X7 $9,100 $8,900 $1,100 December 31, 20X6 $7,500 $4,200 $1,500 How much cash did WTT pay out for salaries during 20X7?