Question: Brandon Manufacturing uses the direct method for its statement of

Brandon Manufacturing uses the direct method for its statement of cash flows and provides the following account balances:
Taxes payable, beginning of year ..... $14,000
Taxes payable, end of year ......... 8,000
Tax expense during the year ....... 32,000
Required
Calculate cash paid for taxes.

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  • CreatedJuly 16, 2015
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