Item8

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Item8

Item 8 8 points

Time Remaining 1 hour 15 minutes 19 seconds

01:15:19

Use the following information to calculate cash paid for income taxes:

Income Tax Expense	$	62,000
Income Tax Payable, January 1		14,800
Income Tax Payable, December 31		17,800

Multiple Choice

• $76,800.

• $62,000.

• $79,800.

• $59,000.

• $29,400.