Ebbert Company's Salaried Employees Are Paid Biweekly

Multiple Choice

Ebbert Company's salaried employees are paid biweekly. Occasionally, advances made to employees are paid back by payroll deductions. Information relating to salaries for the calendar year 2015 is as follows: At December 31, 2015, what amount should Ebbert report for accrued salaries payable?

A) $290,000.
B) $162,000.
C) $114,000.
D) $150,000.