On January 1, 2016, Tonika Company issued a four-year, $10,000, 7% bond. The interest is payable annually each December 31. The issue price was $9,668 based on an 8% effective interest rate. Tonika uses the effective-interest amortization method. The December 31, 2017 book value after the December 31, 2017 interest payment was made is closest to: Select one: A. $9,662. B. $9,820. C. $9,668. D. $9,723. Assuming no adjusting journal entries have been made during the year, the journal entry on the due date of the cash interest payment for bonds issued at a premium has just been prepared. Which of the following is not an effect of the entry? Select one: A. A decrease in both liabilities and stockholders' equity. B. An increase in expenses and an increase in liabilities C. A decrease in both assets and liabilities. D. An increase in expenses and a decrease in liabilities