Great Lake Glassware Company issues $1,171,000 of its 12%, 10-year bonds at 96 on February 28, 2024. The bonds pay interest on February 28 and August 31. Assume that Great Lake uses the straight-line method for amortization. The journal entry to record the first interest payment on August 31, 2024 includes a A. debit to Cash for $70,260 B. debit to Interest Expense for $72,602 O c. debit to Interest Expense for $67,918 OD. debit to Discount on Bonds Payable for $2,342