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The company's weekly payroll is $8,750, paid each Friday for a five-day workweek. Assume December 31, 2017, falls on a Monday, but the employees will

The company's weekly payroll is $8,750, paid each Friday for a five-day workweek. Assume December 31, 2017, falls on a Monday, but the employees will not be paid their wages until Friday, January 4, 2018.

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