On November 1, 2015, Archangle Services issues $200,000 of 10 year bonds with a stated rate of 3% The bonds were solid at discount for $191,000 and make semiannual payments on August 31 and October 31. At December 31, 2015 Archangle made an adjusting entry to accurate interest at year end. How much interest expense is recorded at December 31, 2015?

A. $2,000

B. $1.150

C. $1,075

D. $2,150