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? Charnote industries Income Statement for year Ending December 31, 2019 (amounts in millions) Sales Less: Cost of Goods Sold Gross Margin Less: Operating Expenses

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? Charnote 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 Chathofe began 2019 with a taxes payable account balance of $7 million If it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $126 million $18.6 million 522 6 million S25.6 million

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