On January 1, 2020, Ollie Goose Inc. issued $100,000, 10-year, par value bonds with a 7% coupon rate. Interest is payable semi-annually every June 30 and December 31. The company's accounting period ends on December 31. Which of the following statements is true? Select one: a. Ollie Goose will need to accrue $7,000 of interest payable on December 31. O b. Ollie Goose will pay interest of $3,500 on June 30 and $3,500 on December 31, but does not need to accrue any interest payable. c. Ollie Goose will pay interest of $3,500 only on December 31. d. Ollie Goose will need to accrue $3,500 of interest payable on December 31. o e. Ollie Goose will pay interest of $3,500 only on June 30