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Sheridan Corporation reported the following in its 2021 financial statements. 2021 2020 Income tax payable $16,940 $8,000 Income tax expense 89,550 Calculate the cash

Sheridan Corporation reported the following in its 2021 financial statements. 2021 2020 Income tax payable $16,940 $8,000 Income tax expense 89,550 Calculate the cash payments for income tax. Cash payments for income tax $ LA

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