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. X Answer is not complete. Complete this question by entering your answers in the tabs below. Cash Paid for Taxes General Journal Calculate the amount of cash paid for income taxes for each situation. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Situation Deferred Tax Liability Increase (Decrease) Cash Paid for Taxes Income Tax Expense 12.0 12.0 120 120 Income Tax Payable Increase (Decrease) 0 3.2 0 3.2 (3.2) 0 (2.2) 2.2 (2.2) 120 12.0 130 X Cash Palt for me General Journal > Complete this question by entering your answers in the tabs below. Cash Paid for Taxes General Journal Prepare a single journal entry that summarizes the recording and payment of income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (1.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet