CH 21 Homework i Saved Help Sa 7 For each of the five independent situations below, prepare a single journal entry that summarizes the recording and payment of income taxes and determine the amount of cash paid for income taxes. All dollars are in millions. Complete this question by entering your answers in the tabs below. 1.53 points Cash Paid for Taxes General Journal eBook Calculate the amount of cash paid for income taxes for each situation. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Print References Situation Income Tax Expense 13.0 Income Tax Payable Increase (Decrease) Deferred Tax Liability Increase (Decrease) Cash Paid for Taxes 1 0 0 2 3.3 0 13.0 13.0 3 0 (2.3) 4 3.3 2.3 13.0 13.0 5 (3.3) (2.3) Cash Paid for Taxes General Journal > CH 21 Homework i Saved Help Save & Exit Subm Cash Paid for Taxes General Journal 7 Prepare a single journal entires that summarizes the recording and payment of income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) 1.53 points View transaction list eBook Journal entry worksheet Print References Record the summary entry for transaction 1. Note: Enter debits before credits. Event General Journal Debit Credit 1