A company reported the following information: Interest receivable, December 31, 2014 $ 8,000 Interest receivable, December 31, 2013 11,500 Interest revenue for 2014 16,000 How much cash was received for interest during 2014? a. $12,500 b. $19,500 c. $ 8,000 d. $ 3,500 b. $19,500