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Computing Cash Paid to Employees-Direct Method Park Place Company reported salaries expense of $300,000 for the year 2020. Park Place also reported salaries payable of

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Computing Cash Paid to Employees-Direct Method Park Place Company reported salaries expense of $300,000 for the year 2020. Park Place also reported salaries payable of $54,000 and $36,000 on January 1, 2020, and December 31, 2020, respectively. What amount would be reported as cash paid to employees in the operating activities section of the statement of cash flows using the direct method? Note: Do not use a negative sign with your answer. $

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