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Rupert, Inc. reports $491,000 of income tax expense on its 2022 income statement. Rupert reports...

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Accounting

Rupert, Inc. reports $491,000 of income tax expense on its 2022 income statement. Rupert reports income taxes payable of $26,000 at December 31, 2021, and $10,500 at December 31, 2022. Rupert has no deferred taxes.

On its statement of cash flows using the direct method, Rupert will report cash paid for income taxes of

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