On December 1, 2015 Nolanville issued $10M of a 30 year, 8% bonds for $9.78 million, a price that reflects a semiannual yield of 4.1 percent. Interest ($400,000 per semiannual period) is payable on May 31 and November 30, beginning May 31, 2016. In its 2015 fund and government-wide statements, Nolanville should report an interest expenditure/expense of Fund Statements Government-wide Statements a. $0 $0 b. $66,667 $66,667 c. $66,830 $66,830 d. $0 $66,830