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On its 2020 Income statement Westwood, Inc. reported Interest Expense of $11,400, which includes $1,000 of bond discount amortization. Under the direct method, how much
On its 2020 Income statement Westwood, Inc. reported Interest Expense of $11,400, which includes $1,000 of bond discount amortization. Under the direct method, how much would Westwood report for Cash Paid for Interest on the 2020 Statement of Cash Flows?
Group of answer choices
$10,400
$11,400
$12,400
$0
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