Use the Following Information for the Following Questions:
Orange Corp

Multiple Choice

Use the following information for the following questions:
Orange Corp reported the following items on its calendar 2020 statement of comprehensive income:
$\begin{array}{llcc} \text { Interest revenue..................... } &\$84,200 \\ \text { Salaries expense..................... } &72,000\\ \text { Insurance expense.................. } &10,600\\\end{array}$
As well, their statements of financial position showed the following balances:
$\begin{array}{llcc} &\underline{\text {December 31, 2019 } } &\underline{ \text {December 31. } } \\ \underline{\text {2020 }} & & \\ \text {Accrued interest receivable................ } &\$10,100&\$8,800\\ \text { Accrued salaries payable...................} &9,800&5,400\\ \text { Prepaid insurance..............................} &1,500&1,600\\\end{array}$

-The cash paid for salaries during 2020 was

A) $ 76,400.
B) $ 72,000.
C) $ 67,600.
D) $ 81,800.