The income statement of Dolan Corporation for 2014 included the following items:Interest revenue $121,000Salaries and wages expense $180,000Insurance expense $18,200. The following blances have been excerpted from Dolan Corporation's balance sheets:December 31, 2014 December 31, 2013, Interest receivable $18,200 $15,000Salaries and wages Payable $17,800 $8,400Prepaid Insurance $2,200 $3,000The cash received for interest during 2014 was:a. $121,000b. $102,800c. $117,800d. $124,200
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