Multiple Choice
Use the following information to calculate cash paid for income taxes: Income tax expense $50,000
Income tax payable, January 1 9,000
Income tax payable, December 31 7,000
A) $57,000.
B) $50,000.
C) $59,000.
D) $52,000.
E) $48,000.
Correct Answer:

Verified
Correct Answer:
Verified
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