Use the following information to calculate cash paid for income taxes:
$$\begin{array}{l}
\text { Income tax expense } \$ 50,000\
\begin{array}{|l|l|}
\hline \text { Income tax payable, January 1 } & 9,000 \
\hline \text { Income tax payable, December 31 } & 7,000
\end{array}\end{array}$$
A) $50,000.
B) $59,000.
C) $57,000.
D) $48,000.
E) $52,000.

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The Answer of Use the following information to calculate cash paid for income taxes:
$$\begin{array}{l}
\text { Income tax expense } \$ 50,000\
\begin{array}{|l|l|}
\hline \text { Income tax payable, January 1 } & 9,000 \
\hline \text { Income tax payable, December 31 } & 7,000
\end{array}\end{array}$$
A) $50,000.
B) $59,000.
C) $57,000.
D) $48,000.
E) $52,000.

Use the Following Information to Calculate Cash Paid for Income