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14. MicroScan Technologies reported the following information: Interest receivable, December 31, Year 2 $ 8,000 Interest receivable, December 31, Year 1 11,500 Interest revenue for

14. MicroScan Technologies reported the following information:

Interest receivable, December 31, Year 2	$ 8,000
Interest receivable, December 31, Year 1	11,500
Interest revenue for Year 2	16,000

Refer to MicroScan Technologies. How much cash was received for interest during Year 2?

	a.	$3,500
	b.	$8,000
	c.	$12,500
	d.	$19,500

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