Crane Company issued $2500000 of 6%, 10-year bonds on one of its interest dates for $2159500 to yield an effective annual rate of 8%. The effective-interest method of amortization is to be used. The journal entry on the first interest payment date, to record the payment of interest and amortization of discount will include a O debit to Bond Interest Expense for $200000. credit to Discount on Bonds Payable for $22760. debit to Bond Interest Expense for $150000. credit to Cash for $172761