On January 1, 2010, the Horton Corporation issued 10% bonds with a face value of $200,000. The bonds are sold for $196,000. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, 2014. Horton records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31, 2010, is

A. $19,800

B. $19,200

C. $20,800

D. $24,000