Question: Kolmer Corporation reported income taxes of 370 000 000 on its 2014
Kolmer Corporation reported income taxes of $370,000,000 on its 2014 income statement and income taxes payable of $277,000,000 at December 31, 2013, and $528,000,000 at December 31, 2014. What amount of cash payments were made for income taxes during 2014?
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