Question
Pina Colada Corp. reported income tax expense of $364,428,000on its 2020 income statement and income taxes payable of $280,950,000at December 31, 2019, and $523,860,000at December
Pina Colada Corp. reported income tax expense of $364,428,000on its 2020 income statement and income taxes payable of $280,950,000at December 31, 2019, and $523,860,000at December 31, 2020.
What amount of cash payments were made for income taxes during 2020?
Cash payment for income taxes
$ __________?
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
