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The income statement for Xavier Company for 2023 included the following items: Insurance expense 74,700 Interest expense 49,200 The following balances have been excerpted from
| The income statement for Xavier Company for 2023 included the following items: | ||||
| Insurance expense | 74,700 | |||
| Interest expense | 49,200 | |||
| The following balances have been excerpted from Xavier's balance sheet: | ||||
| 12/31/23 | 12/31/22 | |||
| Prepaid insurance | 12,300 | 13,500 | ||
| Interest payable | 18,200 | 17,400 | ||
| a. How much cash was paid for rent during 2023? | ||||
| b. How much cash was paid for income taxes during 2023? |
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