Colson Company issues 1,000, $15, 10% bonds at 102 when the market rate is 9%. Colson Company would report:

A	Bonds Payable of $15,000 and an Premium on Bonds Payable of $300
B	Bonds Payable of $15,000 and Discount on Bonds Payable of $300
C	Bonds Payable of $15,000 (no premium or discount)
D	none of the above