Mid$-$Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information reported for $2019$:

Interest Expense, $$250,000$

Interest Payable, beginning balance, $$80,000$

Interest Payable, ending balance, $$60,000$

Compute the interest paid by Mid$-$Town during $2019.$

$$140,000$

$$230,000$

$$270,000$

$$250,000$