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Spar Supermarket issued 1 0 , 0 0 0 $ 1 , 0 0 0 bonds on January 1 , 2 0 1 9 .

Spar Supermarket issued 10,000 $1,000 bonds on January 1,2019. They have a 10-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.PaymentCashEffectiveDecreaseOutstandinginInterestBalance1234300,000345,639300,000347,464300,000349,363300,00045,63947,46449,363Balance8,640,9678,686,6068,734,0708,783,433What would be the total interest cost of the bonds over their full term? A. $4,640,967O B. $7,359,033O C. $1,359,033 D. $6,000,000

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