Beane Corporation shows income tax expense of $82,000. There has been a $6,000 decrease in federal income taxes payable and a $7,000 increase in state income taxes payable during the year. What was Beane's cash payment for income taxes

Beane's cash payment for income tax = $81,000

Explanation:

Income tax expense = $82,000

Decrease in federal income tax payable = $6,000

Increase in state income tax payable = $7,000

Beane's cash payment for income tax = (Income tax expense) - (increase in state income taxes payable) + ( Decrease in federal income taxes payable)

Beane's cash payment for income tax = 82000 - 7000 + 6000

Beane's cash payment for income tax = $81,000

i think the answer would be b hope this

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"