Kinda confused on this one...what's the correct choice?

On November 1, 2018, Arch Services issued $313,000 of eight-year December 31. 2018, Arch made an adjusting entry to accrue interest at year-end. What is the amount of Interest Expense that will be recorded on December 31 2018? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.) bond w ith a stated rate of 12% at par Interest payments occur each April 30 and October 31 on O A. $6,260 B. $37,560 a Oc. $18,780 rO D. $783