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In 2022, ABC Company paid $10,000 to satisfy its 2021 tax liability, $64,000 for its 2022 tax liability, and still owed taxes payable of $16,000

In 2022, ABC Company paid $10,000 to satisfy its 2021 tax liability, $64,000 for its 2022 tax liability, and still owed taxes payable of $16,000 at year-end. How much should ABC report as a cash outflow for tax payments on the 2022 statement of cash flows?

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