For this example why did do we have to subtract 200,000-40,000 on premium for B/P on the partial balance sheet?

2. Bonds payable (10 points) On January 1, 2019, Entity A issued $5,000,000 of bonds at 104 with a five-year term The stated interest rate is 9% and is payable annually on December 31. Entity G uses straight-line amortization on bond discount or premium Part A. (3 points) Prepare the journal entry to record the issuance of the bonds Cash 5200000 (5M 1.04) Premium on B/P B/P 200000 5000000 Part B. (5 points) Prepare the journal entry fqr ahnual interest expense Bond interest expense 410000 Premium~40000 (200000/5) Cash 450000 (5M*.09) Part C. (2 points) Prepare a partial balance sheet showing ny long-term liability as of December 31, 2019 Liab LTL Bonds payable Premium on B/P O CV 5000000 5160000