For the current year, Eastern Atlantic Company reported income tax expense of $21,000 . Income taxes payable at the end of the prior year were $19,000 and at the end of the current year were $20,000 . The deferred tax liability classified as noncurrent that resulted from the use of MACRS for tax purposes and straight-line depreciation for financial reporting purposes increased from $21,000 at the
beginning of the current year to $23,000 at the end of the current year. How much cash was paid for income taxes during the year?
a. $18,000
b. $20,000
c. $21,000
d. $19,000
A
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