During the Year, Beech Corp

question 111

Multiple Choice

During the year, Beech Corp.reported Income Tax Expense of $49,000.There was a $6,000 decrease in federal income tax payable and a $4,000 increase in provincial income tax payable during the year.What were Beech's cash payments for income tax for the year?

• A)$59,000
• B)$51,000
• C)$47,000
• D)$39,000

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