1. Income tax was $200,000 for the year. Income tax payable was $20,000 at the beginning of the year and $30,000 at end of the year. Cash payments for income tax reported on the cash flow statement using the direct method is?

2. Cash dividends of $80,000 were declared during the year. Cash dividends payable were $25,000 at the beginning of the year and $20,000 at the end of the year. The amount of cash for the payment of dividends during the year is?

3. Land costing $75,000 was sold for $60,000 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?