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Thanks. What is the formula of tax paid b) Chester-le-Street Ltd had statement of financial position the following balances in its as at 31 December

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Thanks. What is the formula of tax paid
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b) Chester-le-Street Ltd had statement of financial position the following balances in its as at 31 December 2021 and 2022: Deferred taxation Current tax payable 2022 E36,OOO El 17,000 2021 25,000 E104,OOO Extract from statement of profit or loss for the year ended 31 December 2022. Income tax expense E120,OOO Suppose there were no other transactions, calculate the amount of tax paid that should be included in the statement of cash flows of Chester-le-Street Ltd for the year ended 31 December 2022. (2 marks)

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