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Crane Company received proceeds of $1146000 on 10-year, 9% bonds issued on January 1, 2019. The bonds had a face value of $1216000, pay interest

Crane Company received proceeds of $1146000 on 10-year, 9% bonds issued on January 1, 2019. The bonds had a face value of $1216000, pay interest annually on December 31, and have a call price of 104. Crane uses the straight-line method of amortization. What is the amount of interest Crane must pay the bondholders in 2019?

A.$109440

B.$116440

C.$102440

D.$103140

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