The following information relates to the Davensmith Company: 
What was the amount of interest paid?
Definitions:
Income From Operations
The profit realized from a business's core operating activities, excluding deductions of interest and taxes.
Multiple-Step Income Statement
A detailed financial statement that separates operating revenues and expenses from non-operating ones, providing a clear view of a company's financial performance.
Sales Discounts
Reductions in the price of goods or services that are offered by sellers to incentivize prompt payment by buyers.
Net Sales
The revenue a company earns from its sales activities, minus the costs associated with returns, compensation for faulty or missing items, and permitted discounts.
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