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The income statement of Bonita Industries for 2017 included the folowing eme Interest revenue Salaries and wages expense Insurance expense $156000 216000 23200 The following

The income statement of Bonita Industries for 2017 included the folowing eme Interest revenue Salaries and wages expense Insurance expense $156000 216000 23200 The following balances have been excerpted from Bonita Industries's balance sheets: Interest receivable Salaries and wages payable Prepaid insurance December 31, 2017 $17300 18700 2250 The cash received for interest during 2017 was O $158800. O $153200. O $138700. $156000. December 31, 2016 $14500 8100 2950image text in transcribed

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