Mayberry, Inc., issued $102100 of 10-year, 12% bonds dated April 1, 2016, for $106,560 on April 1, 2016. The bonds pay interest annually on April 1, beginning in 2017. Straight-ine amortization is used by the company. What entry is required at April 1, 2017 for the first interest payment? 0 Interest expense 12,252 446 Premium on bonds payable Cash Interest expense 12.698 Premium on bonds payable 446 12 252 Cash 0 Interest expense 11.806 446 Premium on bonds payable Cash 12,252 Interest expense 12.252 Cash 12 252