Cabana Club
The company's consolidated statement of income is provided below:

-Refer to Cabana Club.The company reported $210,000,000 and $120,000,000 of accrued interest payable in the liability section of its balance sheet at December 31,Year 2 and Year 1,respectively.How much cash did it pay during Year 2 for interest?
Correct Answer:
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$393,800,000 (Int...
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