Sky Company collected $12,350 in interest during 2013 . Sky showed $1,850 in interest receivable on its December 31 . 2013 . balance sheet and $5,300 on December 31 . 2012 . The interest revenue on the income statement for 2013 was

a. $3,450.
b. $8,900.
c. $12,350.
d. $14,200.


B

Business

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