Use the Present Value tables found in Appendix E$,$ of your textbook, to answer the following questions. Round each portion of your answer to the nearest dollar.

Sprouts Farmers Market issued bonds on January $1,2025$ with the following terms:

Face Value:$$300,000$Coupon rate of interest:$6\%$Term:$5$ yearInterest:Semi$-$annual interest due on $6/30$ and $12/31$Market rate of interest:$4\%$

Identify the total cost of borrowing that Sprouts Farmers Market will incur over the life of this debt. $($Round to the nearest dollar.$)$

Select one:

a$.$

$$90,000$

b$.$

$$14,498$

c$.$

$$62,243$

d$.$

$$63,052$

e$.$

$$75,859$