A company's Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had...

Acompany's Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had an ending balance of $23,000. What was recorded as

Wage Expense during the period? 

A.$81,000

B.$59,000

C.$35,000

D.$93,000

E.$47,000