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The Lakeside Company issues $510,000 of its 12%, 10year bonds at 103 on March 31, 2019. The bonds pay interest on March 31 and September
The Lakeside Company issues $510,000 of its 12%, 10year bonds at 103 on March 31, 2019. The bonds pay interest on March 31 and September 30. On September 30, 2019, how much cash did the company pay to the bondholders?
A.$61,200
B.$3,060
C.$15,300
D.$30,600
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