During year 1 Cain Corporation incurred the following costs in connection with the issuance of bonds: $ 15,000 80,000 Printing and engraving Legal fees Fees paid to independent accountants for registration information Commissions paid to underwriter 10,000 150,000 What amount should be recorded as a deferred charge to be amortized over the term of the bonds? $255,000 $245,000 $150,000 $ 15,000