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On January 1 , 2 0 2 4 , Rupar Retailers purchased $ 1 0 0 , 0 0 0 of Anand Company bonds at

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On January 1,2024, Rupar Retailers purchased $100,000 of Anand Company bonds at a premium of $4,000. The Anand bonds pay 7% interest but were purchased when the market interest rate was 6% for bonds of similar risk and maturity. The bonds pay interest semiannually on June 30 and December 31 of each year. Rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. In Rupar's December 31,2024, journal entry to record the second period of interest, Rupar would record a credit to interest revenue of:
A) $3,373
B) $3,000.
C) $3,109
D) $3,500.
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