Tulsa Corp How Much Cash Was Paid for Interest During 2017?
A)

Multiple Choice

Tulsa Corp.reported the following information for 2016 and 2017. $\begin{array}{lr}\text { Interest payable, December } 31,2016 & \$ 5,700 \\\text { Interest payable, December } 31,2017 & 6,200 \\\text { Interest expense-2017 } & 12,250\end{array}$ How much cash was paid for interest during 2017?

A) $11,750
B) $12,250
C) $12,500
D) $12,750