g. If the company debited income tax expense and credited income taxes payable $940 during the year, what is the total amount of the debits recorded in the Income Taxes Payable account?

h.

What does the amount of these debits represent?

	Taxes payable
	Cash paid for income taxes
	Tax refunds

i. What is the amount and direction (+ or ) of the income taxes payable adjustment to net income in the operating activities section of the statement of cash flows?

j. What does this adjustment represent?

	Tax paid > Income tax expenses
	No taxes are payable
	Tax paid

k. Would the operating activities section of the companys statement of cash flows contain an adjustment for a gain or a loss? What would be the amount and effect of the adjustment?

l. What is the amount of net cash provided by (used in) operating activities in the companys statement of cash flows?

m. What is the amount of gross cash outflows reported in the investing section of the companys statement of cash flows?

n. What is the companys net cash provided by (used in) investing activities?

o. What is the amount of gross cash inflows reported in the financing section of the companys statement of cash flows?

p. What is the companys net cash provided by (used in) financing activities