Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income tax payable $ 50 $ 30 Deferred tax liability 80 140 Income tax expense was $230 for the year. What was the amount paid for taxes?

Consumers usually pay less than the total cost of medical treatment because the federal government pays for most medical procedures. a third party, usually an insurance company, often pays most of the bill. a third party, usually an employer, often pays most of the bill. competition forces doctors and hospitals to charge prices that do not cover their costs.