Wesson Company reported sales of $100 million, tax expense of $10 million, and an increase in taxes payable of $2 million. What was its cash outflow for taxes? $12 million O $90 million $108 million $8 million Which of the following statements is correct? None of the selections are correct. An increase in wages payable is deducted from wages expense to convert wages expense to cash paid to employees, A decrease in accumulated depreciation is added to depreciation expense to convert depreciation expense to cash pa depreciation. A decrease in prepaid insurance is added to insurance expense to convert insurance expense to cash paid for insuranc An increase in accounts receivable is added to sales to convert sales to cash received from customers