Question: 1 / 1 / X 0 Interest payable = $ 6 , 0 0 0 ; 1 2 / 3 1 / X 0 Interest

1/1/X0 Interest payable = $6,000; 12/31/X0 Interest payable = $6,800; 1/1/X0 Interest receivable = $1,700; 12/31/X0 Interest receivable = $1,500; Accrual basis interest expense for X0= $40,000. What is cash paid for interest in X0?
1/1/X0 Interest payable = $6,000; 12/31/X0 Interest payable = $6,800; 1/1/X0 Interest receivable = $1,700; 12/31/X0 Interest receivable = $1,500; Accrual basis interest expense for X0= $40,000. What is cash paid for interest in X0?
$39,800
$40,200
$39,200
$40,600
$40,800

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