30. On September 1, 2018, Blue Co., issued $1,600,000 of its 10% bonds at 98 plus accrued interest. The bonds are dated June 1, 2018, and mature on May 30, 2028. Interest is payable semiannually on June 1 and December 1. At the time of issuance, Blue would receive cash of: A) $1,640,000. B) $1,608,000. C) $1,607,200. D) $1,568,000