On September 1,2020,ER Issued 11%,10 Year Bonds Dated June 1,2020,in

On September 1,2020,ER issued 11%,10 year bonds dated June 1,2020,in the face amount of $140,000,with interest payable July 1 and December 31.The bonds were sold for $140,000.How much should ER debit to cash on September 1,2020?

A) $140,000
B) $142,567
C) $147,700
D) Cannot be determined from the information given