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Coronado Company uses the direct method in determining nat cash provided by operating activities. The income statement shows income tax expense $88000. Income taves payable

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Coronado Company uses the direct method in determining nat cash provided by operating activities. The income statement shows income tax expense $88000. Income taves payable were $36000 at the beginning of the year and $25000 at the end of the year. Cash payments for income taves are $88000 $77000. $149000. $99000

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