A company reports income tax expense of $1,700,000. Income taxes payable at the beginning and...
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Accounting
A company reports income tax expense of $1,700,000. Income taxes payable at the beginning and end of the year are $425,000 and $276,000, respectively. On its Statement of Cash Flows the company reports cash from operating activities using the indirect method. What amount should the company show as the adjustment for income taxes for operating cash flows
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