Hoffman Corporation reported income taxes of $370,000,000 on its 2025 income statement. Its balance sheet reported income
Question:
Hoffman Corporation reported income taxes of $370,000,000 on its 2025 income statement. Its balance sheet reported income taxes payable of $277,000,000 at December 31, 2024, and $528,000,000 at December 31, 2025. What amount of cash payments were made for income taxes during 2025?
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Related Book For 
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ISBN: 9781119791058
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Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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