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Schneider Inc. had salaries payable of $60,700 and $91,400 at the end of 2015 and 2016, respectively. During 2016, Schneider recorded $621,800 in salaries expense

Schneider Inc. had salaries payable of $60,700 and $91,400 at the end of 2015 and 2016, respectively. During 2016, Schneider recorded $621,800 in salaries expense in its income statement. Cash outflows for salaries in 2016 were:

$530,400.

$591,100.

$652,500.

$621,800.

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