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1 . Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income taxes payable $ 5 5 $ 3 5

1. Sneed Corporation reported balances in the following accounts for the current year:
Beginning Ending
Income taxes payable $ 55 $ 35
Deferred tax liability 80143
Income tax expense was $235 for the year. What was the amount paid for taxes?
Group of answer choices
A. $215.
B. $290.
C. $192.
D. $200.
2. Dooling Corporation reported balances in the following accounts for the current year:
Beginning Ending
Inventories $ 610 $ 310
Accounts payable 250450
Cost of goods sold was $7000. What was the amount of cash paid to suppliers?
Group of answer choices
A. $7000.
B. $6500.
C. $6800.
D. $6700.

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