A Small Village (Which Keeps Its Records on a Calendar-Year

A small village (which keeps its records on a calendar-year basis)issued $1 million of bonds on April 1,2012.The first payment of principal was due April 1,2013,but interest at 6 percent per annum on the outstanding debt was due on October 1,2012 and April 1,2013.How much interest expenditure (expense)should the village recognize in its governmental fund and government-wide financial statements for the calendar year 2012? $\begin{array}{lll}&\text { Fund } & \text { Government-wide } \\&\text { Statements } & \text { Statement }\\\text { a. } & \$ 30,000 & \$ 30,000 \\\text { b. } & \$ 30,000 & \$ 45,000 \\\text { c. } & \$ 30,000 & \$ 60,000 \\\text { d. } & \$ 45,000 & \$ 45,000\end{array}$