Question: Using the following data for Evans & Sons, calculate the cash received as interest: Interest income.. $30,000 Interest receivable, January 1 3,000 Interest receivable, December

Using the following data for Evans \& Sons, calculate the cash received as interest:

Interest income.. $30,000 Interest receivable, January 1 3,000 Interest receivable, December 31.....

Interest income.. $30,000 Interest receivable, January 1 3,000 Interest receivable, December 31..... 3,700

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