Question: Given the following information, compute Lemon Companys interest paid. Decrease in interest payable ....... $1,000 Bond premium amortization ....... 750 Bond interest expense .......... 5,000

Given the following information, compute Lemon Company’s interest paid.
Decrease in interest payable ....... $1,000
Bond premium amortization ....... 750
Bond interest expense .......... 5,000

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