Little Greek issues a 500,000, 5 year, 8% bond on 1/1/19. Interest is paid quarterly, and the bond is issued when the market rate of interest is 12%. The issue price was $415,770. What is the interest expense recorded on 4/1/19? A. $10,000 B. $8315.40 C. $12,473.10 D. $49,892,40