On January 1, 2009, $5,000,000, 10-year, 8% bonds were issued at $5,150,000. Interest is paid each January 1 and July 1. If the straight-line method of amortization is used to amortize the premium, the annual amortization amount is

a. $1,250.

b. $15,000.

c. $3,333.

d. $1,500.