Molina Corporation issues 5,000, 10-year, 8% bonds dated January 1, 2017, receiving the par value of $1,000 per bond. The bonds pay interest semi-annually, but Molina prepares quarterly financial statements. Molina's journal entry on June 30, 2017 should include:

a. credit to cash of $100,000 and debit to interest payable of $200,000

b. credit to cash of $200,000 and a debit to interest expense of $200,000

c. credit to cash of $100,000 and a debit to interest expense of $100,000

d. credit to cash of $200,000 and a debit to interest expense of $100,000