Question: Interest expense for the current year is $320,000 Interest payable increased $51,000 during the year Interest receivable increased $12,000 during the year Interest expense includes

Interest expense for the current year is $320,000 Interest payable increased $51,000 during the year Interest receivable increased $12,000 during the year Interest expense includes $49,000 for the amortization of discount What is the cash paid for interest?

A $320,000 B. $271,000 C. $220,000 D. $232,000

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