During the year, Holistic Corp.reported Income Tax Expense of $36,000.There was a $3,000 decrease in federal income tax payable and a $2,000 increase in provincial income tax payable during the year.What were Holistic's cash payments for income tax for the year?
A) $41,000
B) $37,000
C) $35,000
D) $31,000
Correct Answer:
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