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A company reported annual income tax expense of $430,500 in 2018. During the year, income tax payable increased from a $24,800 beginning balance to a
A company reported annual income tax expense of $430,500 in 2018. During the year, income tax payable increased from a $24,800 beginning balance to a $35,200 ending balance. How much is cash paid for income taxes during the year?
A) $329,600 B) $350,400 C) $363,200 D) $420,100
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