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Use the following information to calculate cash paid for income taxes: Income tax expense $ 61,000 Income tax payable, January 1 14,500 Income tax payable,

Use the following information to calculate cash paid for income taxes:

Income tax expense $ 61,000
Income tax payable, January 1 14,500
Income tax payable, December 31 17,400

a)$61,000.

b)$78,400

c)$29,100.

d)$58,100.

e)$75,500.

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