Use the Following Information for Questions

Use the following information for questions.
Carsen Company purchased $200,000 of 10% bonds of Garrison Co.on January 1, 2012, paying $211,950.The bonds mature January 1, 2022; interest is payable each July 1 and January 1.The discount of $11,950 provides an effective yield of 9%.Carsen's objective is to hold the bonds to collect the contractual cash flows.Carsen Company uses the effective interest method.
-For the year ended December 31, 2012, Carsen Company should report interest revenue from the Garrison Co.bonds at:

A) $20,000.
B) $19,037.
C) $19,055.
D) $19,076.