In its first year of operations,Badonna Corp.reported Income Tax Expense of $41,000 and Income Tax Payable of $13,000.At the end of the year,Badonna reported a current Deferred Tax Asset of $14,000 and a noncurrent Deferred Tax Liability of $5,000.What is the amount of cash paid for income taxes during the year?
A)$37,000
B)$33,000
C)$19,000
D)$9,000

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The Answer of In its first year of operations,Badonna Corp.reported Income Tax Expense of $41,000 and Income Tax Payable of $13,000.At the end of the year,Badonna reported a current Deferred Tax Asset of $14,000 and a noncurrent Deferred Tax Liability of $5,000.What is the amount of cash paid for income taxes during the year?
A)$37,000
B)$33,000
C)$19,000
D)$9,000

In Its First Year of Operations,Badonna Corp