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What is the amount of tax paid to be included

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Question - The accrual-basis tax expense in the income statement is $80000, the beginning balance in the current tax liability account is $70000 and the ending balance is $80000. What is the amount of tax paid to be included in the statement of cash flows for the year?

a. $150000

b. $80000

c. $70000

d. $10000

Reference no: EM132533908

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