Oriole Company purchased $$1050000$ of $11\%$ bonds of Pharoah Company on January $1,2025,$ paying $$989783.$ The bonds mature on January $1,2031$; interest is payable each July $1$ and January $1.$ The discount of $$60217$ provides an effective yield of $12\%.$ Oriole uses the effective$-$interest method and plans to hold these bonds to maturity. For the year ended December $31,2025,$ Oriole should report interest revenue from the Pharoah Company bonds of:

$$118872.$

$$118770.$

$$115500.$

$$120980.$

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