Calculating Costs of Issuing Debt Just Add Water,Inc

Calculating Costs of Issuing Debt Just Add Water,Inc.,with the help of its investment bank recently issued $200,000,000 of new debt.The offer price on the debt was $1,000 per bond and the underwriter's spread was 4 percent of the gross proceeds.What amount of capital funding did Just Add Water raise through this bond issue?

A) $1,000
B) $8,000,000
C) $192,000,000
D) $200,000,000