Question - Determine the amount of cash paid for income taxes in each of the nine independent situations below. All dollars are in millions. (Enter your answers in millions. Omit the "$"sign in your response.)
|
Situation
|
Income Tax
Expense
|
Income Tax
Payable
Increase (Decrease)
|
Deferred Tax
Liability
Increase (Decrease)
|
Cash Paid
for Taxes
|
|
1
|
10
|
0
|
0
|
|
|
2
|
10
|
3
|
0
|
|
|
3
|
10
|
(3)
|
0
|
|
|
4
|
10
|
0
|
2
|
|
|
5
|
10
|
0
|
(2)
|
|
|
6
|
10
|
3
|
2
|
|
|
7
|
10
|
3
|
(2)
|
|
|
8
|
10
|
(3)
|
(2)
|
|
|
9
|
10
|
(3)
|
2
|
|