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Rupert, Inc. reports $821,000 of income tax expense on its 2022 income statement. Rupert reports income taxes payable of $5,000 at December 31,2021 , and
Rupert, Inc. reports $821,000 of income tax expense on its 2022 income statement. Rupert reports income taxes payable of $5,000 at December 31,2021 , and $13,500 at December 31, 2022. Rupert has no deferred taxes. On its statement of cash flows using the direct method, Rupert will report cash paid for income taxes of
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