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Schneider Inc. had salaries payable of $60,600 and $90,400 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,000 in salaries

Schneider Inc. had salaries payable of $60,600 and $90,400 at the endof 2020 and 2021, respectively. During 2021, Schneider

Schneider Inc. had salaries payable of $60,600 and $90,400 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,000 in salaries expense in its income statement. Cash outflows for salaries in 2021 were: Multiple Choice $530,600. $650,800. $591,200. $621,000.

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