On January 1, Year 1, Worthy Co. issued $1,000,000 of bonds payable. The bonds mature in five years on December 31, Year 5, and pay 6% interest once a year on December 31. The issue sold for 5883.310 to yield 9% Worthy uses the effective interest method. What is the amount of the liability at December 31, Year 1, after the first interest payment? a. $940,185 Ob.$902,808 Oc 5883,310 Od.$1,000,000