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Sarasota Corporation shows income tax expense of $280800. There has been a $31200 decrease in federal income taxes payable and a $43700 increase in state

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Sarasota Corporation shows income tax expense of $280800. There has been a $31200 decrease in federal income taxes payable and a $43700 increase in state income taxes payable during the year. Using the direct method of reporting cash flows from operating activities, what was Sarasota's cash payment for income taxes 5268300 5205900 $355700 5280BOO

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