Great Lake Glassware Company issues $1,156,000of its 11%, 10year bonds at 98 on February 28, 2018. The bonds pay interest on February 28 and August 31. Assume that Great Lake uses thestraigh-line method for amortization. The journal entry to record the first interest payment on August 31, 2018 includes a ________.

A.debit to Discount on Bonds Payable for $1,156

B.debit to Interest Expense for $64,736

C.debit to Interest Expense for $62,424

D.debit to Cash for $ 63, 580