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Schneider Incorporated had salaries payable of $61,400 and $90,700 at the end of 2023 and 2024, respectively. During 2024, Schneider recorded $621,200 in salaries

Schneider Incorporated had salaries payable of $61,400 and $90,700 at the end of 2023 and 2024, respectively. During 2024, Schneider recorded $621,200 in salaries expense in its income statement. Cash outflows for salaries in 2024 were: Multiple Choice $621,200. $591,900. $530,500. $650,500.

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