The Lakeside Company issues $511,000 of its 8%, 10-year bonds at 103 on March 31, 2026. The
bonds pay interest on March 31 and September 30. On September 30, 2026, how much cash did
the company pay to the bondholders?
A. $20,440
B. $40,880
C. $2,044
D. $10,220