RCM Corporation, a calendar-year firm, is authorized to issue $200,000 of 10 percent, 20-year bonds dated January 1, 2011, with interest payable on January 1 and July 1 of each year.
If the bonds were issued on April 1, 2011, the amount of accrued interest on the date of sale is :
A) $20,000.
B) $10,000.
C) $5,000.
D) $2,500.