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A company reported annual income tax expense of $510,000 in 2019. During the year, income tax payable increased from a $37,200 beginning balance to a

A company reported annual income tax expense of $510,000 in 2019. During the year, income tax payable increased from a $37,200 beginning balance to a $52,800 ending balance. How much is cash paid for income taxes during the year?

Select one:

A. $494,400

B. $525,600

C. $457,200

D. $544,800

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