A corporation issues debt with a maturity value of $1,000,000 for proceeds of $1,100,000. The debt matures in 10 years and pays annual interest at a rate of 10 percent. The issuer is not a money lender and there is no evidence that there was a deliberate creation of a premium. Which of the following statements is correct? A. The corporation will be able to deduct interest of $90,000 in each of the years 1 through 10. B. The corporation will be able to deduct interest of $100,000 in each of the years 1 through 10 and will have a fully taxable gain of 100,000 in year 10. C. The corporation will be able to deduct interest of $100,000 in each of the years 1 through 10 and will have a capital gain in year 10 of 100,000, only one-half of which will be taxable. D. The corporation will be able to deduct interest of $100,000 in each of the years 1 through 10 and there will be no tax consequences at maturity