On July 1, 2019, Reliable Services issued

$49,000

of

15%

bonds that mature in five years for

$54,000.

The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2019, what is the total amount paid to bondholders?

A.

$7,350

B.

$4,050

C.

$8,100

D.

$3,675