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The income statement for george harris events manangement incluede the ff. Expenses for 2018: Rent expense 780 000 Interest expense 117 000 Salaries 3xpense 1245000

The income statement for george harris events manangement incluede the ff. Expenses for 2018:

Rent expense 780 000

Interest expense 117 000

Salaries 3xpense 1245000

Listed below are the related balance sheet account balances at year end for last year and this year.

Last yr this yr

Prepaid rent -- 13500

Interest payable 18000 ---

Salaries payable 75000 114000

Required:

Compute the cash paid for rent during the year.

Conpute the cash paid for interest and salaries during the year.

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