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Tulsa Corp. reported the following information for 2015 and 2016. Interest payable, December 3 1, 2015 $5,700 Interest payable, December 31, 2016 6,200 Interest expense2016

Tulsa Corp. reported the following information for 2015 and 2016.

Interest payable, December 3 1, 2015	$5,700
Interest payable, December 31, 2016	6,200
Interest expense2016	12,250

How much cash was paid for interest during 2016?

$1 1,750

$12,250

$12,500

$12,750

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