Exam Corp. is in need of cash. On 1/1/2023 Exam Corp. issues bonds with a $350,000 face value. The bonds have an 7.50% coupon rate. The market rate is 18%. The bonds have a life of 6 years, and are compounded semiannually. At the time of issuance, the price of the bonds is correctly calculated to be $218,420. All answers below can be rounded to the nearest dollar. What is the journal entry at Exam Corp. will record upon issuance of these bonds? Dr. Cash $218,420 Dr. Discount \$131,580 Cr. Bonds Payable $350,000 Dr. Cash $218,420 Dr. Discount \$131,580 Cr. Bonds Payable $86,840 Dr. Cash $218,420 Dr. Interest Expense $131,580 Cr. Bonds Payable $350,000 Dr. Cash $218,420 Dr. Premium $131,580 Cr. Bonds Payable $350,000