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Use the Following Information to Calculate Cash Paid for Income

Question 147

Multiple Choice

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


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

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