On January 1, 2017, Brooklyn Company purchases $80,000, 7% bonds at a price of 94 and a maturity date of January 1, 2027. Brooklyn Company intends to hold the bonds until maturity. Interest is paid semiannually, on January 1 and July 1. Brooklyn Company has a calendar year and uses the straightline amortization method for discounts and premiums. The adjusting entry to amortize the bond investment on December 31, 2017 is: A. debit Interest Receivable $5,600 and credit Interest Revenue $5,600. B. debit HeldtoMaturity Investment in Bonds $240 and credit Interest Revenue $240. C. debit Interest Receivable $2,800 and credit Interest Revenue $2,800. D. debit HeldtoMaturity Investment in Bonds $480 and credit Interest Revenue $480.