Eran Corporation "floats" (sells) a 5 year, $1,000,000 bond on 01/01/2019 and makes the following journal entry: Debit cash $970,000, debit discount on bonds payable $30,000 credit bonds payable $1,000,000. Interest payments to investors are to be made each 06/30 and 12/31 during the bond's life. Assuming the journal entry made by Eran at 01/01/2019 is correct, what journal entry should Eran make on 12/31/2109, using the straight-line method of amortization? Debit bonds payable $6,000, credit discount on bonds payable $6,000 Debit bonds payable $3,000, credit cash $3,000 Debit cash $6,000 credit bonds payable $3,000, credit discount on bonds payable $3,000 No journal entry by Eran is necessary at 12/31/2019. None of the above answers is correct