Craddock Company issued 6%, 10-year bonds with a face amount of $1,000,000 for $1,020,000. The bonds pay interest semi-annually on June 30 and December 31 of each year. The semi-annual straight-line amortization of the premium on bonds payable will

A.not impact interest expense or the carrying value of the bond
B.increase interest expense by $20,000
C.decrease interest expense by $2,000.
D.decrease interest expense by $1,000.