On October 1, 2015, Best, LLC purchased to hold to maturity 500, $1,000, 9% bonds for $520,000. $15,000 was also paid for accrued interest. On December 1 and June 1, interest was paid. The bonds matured on December 1, 2016. Best uses straight-line amortization. How much should be reported in Bests 2015 income statement from this investment, ignoring income taxes?

a. $11,250

b. $10,050

c. $12,450

d. $13,650