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24.) Use the following information to calculate cash paid for income taxes: Income tax...

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Accounting

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

Income tax expense $50,000

Income tax payable, January 1 9,000

Income tax payable, December 31 7,000

A.) 57,000

B.) 59,000

C.) 52,000

D.) $50,000

E.) $48,000

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