April, Inc. issued 3,000 shares of preferred stock for $210,000. The stock has a par value of $70 per share. The journal entry to record this transaction would IN O A. debit Cash $210,000 and credit Preferred Stock-$70 Par Value $210,000 O B. Credit Cash $210,000, debit Preferred Stock-$70 Par Value $3,000, and debit Paid - In Capital in Excess of Par-Preferred $207,000 C. debit Cash $210.000, credit Preferred Stock-$70 Par Value $3,000, and credit Paid - In Capital in Excess of Par-Preferred $207,000 D. Credit Cash $210,000 and debit Preferred Stock-$70 Par Value $210,000 On November 1, 2024. Arch Services issued $333,000 of eight-year bonds with a stated rate of 12% at par. Interest payments occur each April 30 and October 31. On December 31, 2024, Arch made an adjusting entry to accrue interest at year - end. What is the amount of Interest Expense that will be recorded on December 31, 2024? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.) IN O A. $6.660 O B. $19.980 O C. $833 OD. $39.960