A company's Income Tax Payable account decreased from $22 million to $21 million during the year. If its income tax expense was $120 million, what would be shown as cash paid for income taxes under the direct method?   Multiple Choice   A cash outflow of $120 million.   A cash outflow of $121 million.   A cash outflow of $119 million.   A cash outflow of $21 million.

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A:

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A:

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A: The formula used is shown:

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