Ernie's Home Repair had beginning long-term debt of $51,207 and ending long-term debt of $36,714. The beginning and ending total debt balances were $59,513 and $42,612, respectively. The interest paid was $2,808. What is the amount of the cash flow to creditors?
A) −$11,685
B) −$11,272
C) $17,301
D) $17,418
E) $11,174
Correct Answer:
Verified
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