14. On 30 June 2018, a company issued 500 bonds ($100 face value each) with a maturity date on 30 June 2021. The coupon rate was 5% and market rate was 3%. The coupon is paid annually. The company received $51,900 in total in cash from the bondholders. Which of the below is true in relation to the impact on the companys financial statements of making the first coupon payment on 30 June 2019?

A. Its total liabilities increased by $51,900

B. Its expenses decreased by $1,557

C. Its total assets decreased by $1,557

D. Its total liabilities decreased by $943

E. Its expenses increased by $2,500