Brown Company issued bonds at a premium on January 1 st. When Brown Company amortizes the premium and records its first semiannual interest payment to the bondholders: Amortization of the bond premium will reduce cash payments to bondholders: Interest Expense witt be more than the eash payments to bondholdere: Interest Expense will be equal to the cash payments to bondholders. Interest Expense will be less than the cash payments to bondholders