A 5-year, $100,000 bond with a stated interest rate of 8.00%. The market rate is 12.00%. Interest is to be paid semi-annually. What is the correct journal entry at the time the bond is issued? (Using the straight-line method of amortization) a) Debit Cash 85,279.36, Debit Discount Amortized 14,720.64 and Credit Bonds Payable 100,000 O b) Debit Cash 100,000 and Credit Bonds Payable 100,000 c) Debit Bonds Payable 100,000 and Credit Cash 85,300 and Credit Discount Amortized 14,700 d) Debit Cash 85,300, Debit Discount Amortized 14,700 and Credit Bonds Payable 100,000