If your company issued $$1,000$ bonds with a $20-$year life and the coupon was $6\mathrm{.}75\%,$ how

much interest expense would they show on their income statement per year if the total bond

issue was $$50,000,000?$

a$.$ Cannot tell from these facts

b$.$ $$3,375,000$

c$.$ $$1,100,000$

d$.$ $$1,725,000$