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13. Refer to Chathole's December 31, 2019 Income Statement shown below Charhofe Industries Income Statement for year Ending December 31, 2019 (amounts in millions) Sales

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13. Refer to Chathole's December 31, 2019 Income Statement shown below Charhofe Industries Income Statement for year Ending December 31, 2019 (amounts in millions) Sales Less: Cost of Goods Sold Gross Margin Less: Operating Expenses Operating Income Less: Interest Expenses Income Before Taxes Less: Tax Expense Net Income $340.0 175.0 $165.0 75.0 $90.0 12.0 $78.0 15.6 $62.4 (amounts in millions) Sales Less: Cost of Goods Sold Gross Margin Less: Operating Expenses Operating Income Less: Interest Expenses Income Before Taxes Less: Tax Expense Net Income $340.0 175.0 $165.0 75.0 $90.0 12.0 $78.0 15.6 $62.4 Charoe began 2019 with a taxes payable account balance of 57 milion ended 2019 with a tres payable account balance of $10 million how much did it play in taxes in 20197 $126 million 5185 milion 522.5 lion $25.6 million

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