The following information pertains to Klaze Corp. in Year 2:

Interest expense for the year	$15,000
Interest payable at beginning of the year	8,500
Interest payable at end of the year	11,500
Unamortized bond discount at beginning of the year	9,500
Unamortized bond discount at end of the year	7,500

If Klaze uses the direct method to prepare its statement of cash flows, what amount should be reported as the cash paid for interest in Year 2?

A.

$10,000

B.

$12,000

C.

$14,000

D.

$16,000