The Rabban Company reported the following: Income Statement Balance Sheet Revenues 18,000 Assets Payroll expense ? Cash 4,050 Rent expense 4,700 Inventory 4,300 Equipment 19.200 Statement of Retained Earnings Liabilities and Beg. R/E 1,600 equity Net income ? Notes payable 8.200 Retained Dividends 550 ? earnings End. R/E ? Common stock 14,300 What is the company's payroll expense?