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The financial statements of Gregg Co. reported wages expense of $160,000 during Year 2, wages payable of $16,000 at the end of Year 1 and

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The financial statements of Gregg Co. reported wages expense of $160,000 during Year 2, wages payable of $16,000 at the end of Year 1 and wages payable of $22,000 at the end of Year 2. What amount of cash was paid for wages during Year 2? Multiple Choice $154,000 $144,000 O $160,000 $176,000

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