On January 1, 2017, Carter Corporation issued $5,000,000, 10-year, 8% bonds for $5,150,000. Interest is payable semiannually on January 1 and July 1. The journal entry to record this transaction on January 1, 2017 is Select one: O A Cash 5,000,000 Bonds Payable 5,000,000 OB. Premium on Bonds Payable 150,000 Cash 5,000,000 Bonds Payable 5,150,000 OC. Cash 5,150,000 Bonds Payable 5,150,000 D. Cash 5,150,000 Bonds Payable 5,000,000 Premium on Bonds Payable 150,000