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Use the following information to calculate cash paid for income taxes: Income tax expense $56,000 Income tax payable, January 1 13,000 Income tax payable, December

Use the following information to calculate cash paid for income taxes: Income tax expense $56,000 Income tax payable, January 1 13,000 Income tax payable, December 31 15,400 $27,600. $71,400 $56,000. $53,600. $69,000.

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