Question
Splish Brothers Inc. reported income taxes of $400,046,700 on its 2017 income statement and income taxes payable of $268,544,900 at December 31, 2016, and $503,987,800
Splish Brothers Inc. reported income taxes of $400,046,700 on its 2017 income statement and income taxes payable of $268,544,900 at December 31, 2016, and $503,987,800 at December 31, 2017. What amount of cash payments were made for income taxes during 2017?
| Cash payment for income taxes | $ |
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Core Concepts Of Accounting
Authors: Leslie K. Breitner, Robert N. Anthony
10th Edition
0136029442, 9780136029441
