14 On January 1, 2019. Tonika Company issued a four-year $10,900,7% bond. The interest is payable annually each December 31. The issue price was $10,118 based on an 8% effective interest rate. Tonika uses the effective interest amortization method Rounding calculations to the nearest whole dollar, which of the following journal entries correctly records the 2019 interest expense? Multiple Choice 924 Interest expense Bond discount 161 763 Cash 763 Interest expense Cash 763 O 809 Interest expense Bond discount Cash 46 763 Interest expense Bond discount Cash 707 56 763