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The Pulaski Corporation reported the following for the year ended December 31, 2018: 1/1/18 12/31/18 Premium on Bonds Payable $ 28,500 $ 25,750 Interest Payable
The Pulaski Corporation reported the following for the year ended December 31, 2018:
1/1/18 | 12/31/18 | ||||||
Premium on Bonds Payable | $ | 28,500 | $ | 25,750 | |||
Interest Payable | $ | 7,350 | $ | 9,500 | |||
Interest Expense $62,250 | |||||||
How much cash did Pulaski pay for interest during 2018?
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