On January 1, 2017, Carter Corporation issued $5,000,000, 10-year, 8% bonds at 103. Interest is payable semiannually on January 1 and July 1. The journal entry to record this transaction on January 1, 2017 is Select one: A. Cash 5, 150,000 Bonds Payable 5, 150,000 B. Cash 5,000,000 Bonds Payable 5,000,000 C. Premium on Bonds Payable 150,000 Cash 5,000,000 Bonds Payable 5, 150,000 D. Cash 5, 150,000 Bonds Payable 5,000,000 Premium on Bonds Payable 150,000