Exercise 21-10 (Algo) Summary entries for cash paid for income taxes (LO21-3] For each of the five independent situations below, prepare a single journal entry that summarizes the recording and payment of income taxes and determine the amount of cash paid for income taxes. All dollars are in millions Complete this question by entering your answers in the tabs below. Cash Paid for General Taxes Journal Calculate the amount of cash paid for income taxes for each situation. (Enter your answers in millions rounded to 1 decimal place (t.e., 5.500,000 should be entered as 5.5).) Situation Income Tax Income Tax Payable Deferred Tax Liability Cash Paid for Expense Increase (Decrease) Increase (Decrease) Taxes 1 16.0 0 0 2 10,0 3.6 3 10.0 0 (26) 4 160 30 5 100 (3.6) 126) 0 General Journal 1 Record the summary entry for transaction 1. 2. Record the summary entry for transaction 2. 3 Record the summary entry for transaction 3. 4 Record the summary entry for transaction 4. 5 Record the summary entry for transaction 5