A contractor established a $150,000 line of credit with a bank. When it was established, 2 points were charged on the full amount of the line borrowed. During the first 6 months, the average amount borrowed was $99,000. What was the total cost of the line of credit at the end of 6 months? $8,197.50 or $6,697.50 or $10,395.00 or $13,395.00