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1. Graczyk Company reports income tax expense for the year of $11,600 and a deferred tax liability of $1,600. The amount of taxes paid or
1. Graczyk Company reports income tax expense for the year of $11,600 and a deferred tax liability of $1,600. The amount of taxes paid or payable for the current year are a. $13,200. b. $11,600. c. $10,000. d. none of these choices
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