Income tax expense was $338,122 for the year. Income taxes payable was $34,531 and $47,695 at the beginning and end of the year, respectively. Cash paid for income taxes reported on the statement of cash flows using the direct method is O a. $351,286 O b. $420,348 O & $324,958 O d. $338,122

Income tax expense was $338,122 for the year. Incorne taxes payable was $34,531 and $47,695 at the beginning and end of the year, respectively. Cash paid for incorne taxes reported on the statement of cash flows using the direct method is a. $351,286 b. $420,348 c. $324,958 d. $338,122