Multiple Choice
If prepaid interest at the beginning of the period was zero and at the end of the period was $4,000 and interest expense appears in the statement of comprehensive income for the year as $17,300, how much was paid out in cash for interest during the year?
A) $13,300.
B) $21,300.
C) $17,300.
D) $4,000.
Correct Answer:

Verified
Correct Answer:
Verified
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