Following are partial balance sheet data for CCR Ltd. as at December 31, 20x2 and 20x1, and the partial income statement for the year ended December 31, 20x2: Balance Sheets - Cash 20x2 20x1 $7,000 $4,000 Accounts payable Interest payable 40,000 35,000 2,000 4,000 Income taxes payable 5,000 4,000 Long term note payable 100,000 170,000 Income Statements - Interest expense 20x2 (8,000) Which of the following is the correct amount of cash paid for interest expense? Select one: a. $10,000 b. $6,000 c. $12,000 d. $8,000