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Determine the amount of cash paid for income taxes in each of the nine independent situations below. All dollars are in millions. (Enter your answers
Determine the amount of cash paid for income taxes in each of the nine independent situations below. All dollars are in millions. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Situation Income Tax Payable Increase (Decrease) Deferred Tax Liability Increase (Decrease) Cash Paid for Taxes Income Tax Expense 10 10 1 0 10 0 0 3 7 2 3 10 (3) 0 4 10 0 2 5 10 0 (2) 2 6 10 3 7 10 3 8 10 (3) (3) (2) (2) 2 9 10
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