Question: Using the direct method, calculate the adjustment for cash payments of interest expense if interest expense is $30,000, interest payable beginning balance is $75,000, and

Using the direct method, calculate the adjustment for cash payments of interest expense if interest expense is $30,000, interest payable beginning balance is $75,000, and interest payable ending balance is $50,000. a.) $105,000 b.) $55,000 c.) $80,000 d.) $125,000

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