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please show the steps On June 1, 2015, Smith Services issued $30,000 of 7.50%...

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Accounting

imageplease show the steps

On June 1, 2015, Smith Services issued $30,000 of 7.50% bonds that mature in five years. They were sold at a premium, for a total of $31,250. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2015, how much is the total amount paid to bondholders? A) $2,343.75 B) $1,171.88 C)$1,125.00 D) $2,250.00

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