$10$ On January $1,20$X$1,$ Glenwood Company issued bonds with a coupon rate of $7\%$ and a face amount of $$3,000.$ The bond interest payments are made twice each year on June $30$ and on December $31.$ The bonds mature in $12$ years. The market interest rate for bonds with the same degree of riskiness is $10\%$ compounded semi$-$annually.

On January $1,20$X$1,$ Investor Company purchased all of the Glenwood Company bonds when they were issued. Given the market interest rate of $10\%$ compounded semi$-$annually, the total purchase price was $$2,379\mathrm{.}06.$ Investor Company has classified this investment in bonds as a HELD$-$TO$-$MATURITY investment. What is the amount of interest revenue that Investor Company will report with respect to the June $30,20$X$1$ receipt of interest of $$105\mathrm{.}00($ $$3,000$ x $\mathrm{.}07\frac{6}{12})?$ Investor Company uses the effective interest amortization method.

$$113\mathrm{.}95$

$$150\mathrm{.}00$

$$118\mathrm{.}95$

$$105\mathrm{.}00$