On October 1, 2008, Porter Co

On October 1, 2008, Porter Co. purchased to hold to maturity, 1,000, $1,000, 9% bonds for $990,000 which includes $15,000 accrued interest. The bonds, which mature on February 1, 2017, pay interest semiannually on February 1 and August 1. Porter uses the straight-line method of amortization. The bonds should be reported in the December 31, 2008 balance sheet at a carrying value of

A) $975,000.
B) $975,750.
C) $990,000.
D) $990,250.