On January 1, 2014, Broker Corp. issued $2,100,000 par value 8%, 8 year bonds which pay interest each December 31. If the market rate of interest was 10%, what was the issue price of the bonds? (The present value factor for $1 in 8 periods at 8% is 0.5403 and at 10% is 0.4665. The present value of an annuity of $1 factor for 8 periods at 8% is 5.7466 and at 10% is 5.3349.)

A. $1,875,913.

B. $2,030,832.

C. $2,100,000.

D. $2,341,359.