3. Patnode recorded a 2015 tax expense of $3,000. What amount did it pay to the tax authorities during 2015? $2,400 $7,000 $600 $5,400 Patnode, Inc. Comparative Balance Sheet Note that amortization of the license asset has been shown as a separate line item only for ease of calculations. Dec 31, 2014 Dec 31, 2015 Change Dec 31, 2014 Dec 31, 2015 Change $ 34,000 22.000 18.000 $ 74.000 $ 7.000 3,000 (6.000) $ 4,000 15,000 3.000 12.000 $ 13,000 7,000 10.000 $ 30.000 Assets Current Assets Cash Accounts receivable Merchandise inventory Total current assets Non-Current Assets Machinery, at cost Less: Accumulated depreciation Machinery, net License, at cost Less: Amortization License.net Total Assets Liabilities Current Liabilities Accounts payable Taxes payable Short-term debt Total current liabilities Owners' Equity Common stock Retained earnings Total Liabilities & Owners' Equity $ 12.000 0,400 15,000 $38.400 $ 41,000 25,000 12.000 $78,000 $ 15,000 3.000 12,000 $ 10.000 3000 - 7.000 $ 97,000 $ -1,000 2,400 5,000 $ 6.400 22.000 3. 0 19,000 34,000 S 83,000 $ 27,000 $14,000 0.000 $ 83.000 2.000 (2.000) $ 14,000