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What is the amount of cash paid for income tax

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Question - TWO Company reported the following balance sheet information: Income tax payable, Dec. 31, 2019 -1,400,000; Income tax payable, Dec. 31, 2020 -1,750,000; Deferred tax liability, Dec. 31, 2019 -140,00; Deferred tax liability, Dec. 31, 2020 - 210,000. Total income tax expense for 2020 was 2,000,000. What is the amount of cash paid for income tax in 2020?

Reference no: EM132974423

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