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Dallas Corp How Much Cash Was Received for Interest During 2017?
A)

Question 97

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Dallas Corp.reported the following information for 2016 and 2017.  Interest receivable, December 31,2016$1,100 Interest receivable, December 31,20171,400 Interest income-2017 3,200\begin{array} { l r } \text { Interest receivable, December } 31,2016 & \$ 1,100 \\\text { Interest receivable, December } 31,2017 & 1,400 \\\text { Interest income-2017 } & 3,200\end{array} How much cash was received for interest during 2017?


A) $2,900
B) $3,200
C) $3,500
D) $3,800

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