On January 1, 2020, Valle Bleue Lte purchased ($ 100,000) face value of the (7 %) bonds

On January 1, 2020, Vallée Bleue Ltée purchased \(\$ 100,000\) face value of the \(7 \%\) bonds of Mail Frontier Inc. at 105. Interest is paid on January 1. The bonds mature on January 1, 2021. For the year ended December 31, 2020, Vallée Bleu received cash interest of

a. \(\$ 5,000\),

b. \(\$ 6,000\).

c. \(\$ 6,400\).

d. \(\$ 7,000\).