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A company reported the following information: Interest payable, December 31, 2023 $ 3,200 Interest payable, December 31, 2022 10,200 Interest expense for 2023 22,000 How
A company reported the following information: Interest payable, December 31, 2023 $ 3,200 Interest payable, December 31, 2022 10,200 Interest expense for 2023 22,000 How much cash was paid for interest during 2023? a. $25,200 b. $30,200 c. $29,000 d. $15,000
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