Mitchell Inc. received $$568,547$ from the issuance of $600,6\%,$ $$1,000$ bonds on January $1,2020.$ The bonds pay cash interest semiannually each July $1,$ and January $1,$ and were issued to yield The bonds mature January $1,2023,$ and the company uses the effective interest method to amortize bond discounts or premiums

The journal entry on July $1,2020$ to record the interest payment includes $q,$

A credit to Cash account by $$22,742.$

A debit to Premium on Bonds Payable account by $$4,742.$

A credit to Cash account by $$18,000.$

A credit to Interest Revenue account by $$22,742.$