The following selected account balances were taken from XYZ Company's general ledgers for 2029: January 1, 2029 December 31, 2029 Accounts payable $ 50,000 $ 82,000 Accounts receivable $ 68,000 $ 35,000 Common stock $100,000 $170,000 Equipment $ 58,000 $ 81,000 Inventory $ 56,000 $ 47,000 Investments $ 69,000 $ 75,000 Notes payable $120,000 $ 93,000 Retained earnings $ 27,000 $ 48,000 Salaries payable $ 9,000 $ 5,000 The following information was taken from XYZ Company's 2029 income statement : Sales revenue $311,000 Cost of goods sold $187,000 Salaries expense $ 73,000 Net income $ 51,000 Calculate the amount of cash paid to employees for salaries during 2029