Use the Following Information to Calculate Cash Paid for Income

question 225

Multiple Choice

Use the following information to calculate cash paid for income taxes: $$\begin{array} { |l | r| } \hline \text { Income tax expense } & \$ 43,000 \\\hline \text { Income tax payable, January 1 } & 9,100 \\\hline \text { Income tax payable, December } 31 & 10,200\\\hline \end{array}$$

• A) $23,700.
• B) $52,100.
• C) $53,200.
• D) $41,900.
• E) $43,000.

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