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In its first year of operations, Pikes Corp. reported Income Tax Expense of $41,000 and Income Tax Payable of $13,000. At the end of the

In its first year of operations, Pikes Corp. reported Income Tax Expense of $41,000 and Income Tax Payable of $13,000. At the end of the year, Pikes reported a current Deferred Tax Asset of $14,000 and a noncurrent Deferred Tax Liability of $5,000. What is the amount of cash paid for income taxes during the year?

$37,000
$33,000
$19,000
$9,000

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