Calculate how much cash was received in 2025

Reference no: EM133538049

Question: The income statement of Dara Company for 2025 included the following items: Interest revenue $150,000 Salaries and wages expense 190,000 Insurance expense 25,300 The following balances have been excerpted from Dara Company's balance sheets: December 31, 2025 December 31, 2024 Interest receivable $19,000 $13,000 Salaries and wages payable 18,900 7,000 Prepaid insurance 3,200 5,000 Calculate how much cash was received in 2025 by Dara Company. Show your work.

Reference no: EM133538049

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