Question: Derive wages and salaries expense from data in the statement of cash flows AMR, the parent company of American Airlines, reported in its reconciliation of

Derive wages and salaries expense from data in the statement of cash flows AMR, the parent company of American Airlines, reported in its reconciliation of net income to cash flow from operations a decrease in wages and salaries payable of $21 million during the year. It provided data showing that cash payments for wages and salaries to employees for the year were $8,853 million. Compute the amount of wages and salaries expense for the year.

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