On March 1, 2012, WC Issued 10% Stated Interest Rate

On March 1, 2012, WC issued 10% stated interest rate, 10 year debentures dated January 1, 2012, in the face amount of $1,000,000, with interest payable on January 1 and July 1.The debentures were sold to yield 8% plus accrued interest.How much should WC debit to cash on March 1, 2012, if the bondholders receive their pro-rata share of coupon on that date?

A) $901,967
B) $903,003
C) $1,152,573
D) $1,135,927