Great Lake Glassware Company issues

$ 1 comma 147 comma 000$1,147,000

of its

1414%,

10minusyear

bonds at

9494

on February 28, 2018. The bonds pay interest on February 28 and August 31. Assume that Great Lake uses the

straightminusline

method for amortization. The journal entry to record the first interest payment on August 31, 2018 includes a ________.

A.

debit to Interest Expense for $ 76 comma 849$76,849

B.

debit to Interest Expense for $ 83 comma 731$83,731

C.

debit to Cash for $ 80 comma 290$80,290

D.

debit to Discount on Bonds Payable for $ 3 comma 441