On January 1, 2017, Centre Company purchases $130,000, 6% bonds at a price of 86 and a maturity date of January 1, 2027. Centre Company intends to hold the bonds until the maturity date. Interest is paid semiannually, on January 1 and July 1. Centre Company has a calendar year end. The journal entry on January 1, 2018 is: O A. O B. O C. O D. debit Cash $3,900 and credit Interest Receivable $3,900. debit Cash $7,800 and credit Interest Receivable $7,800. debit Cash $3,900 and credit Interest Revenue $3,900. debit Cash $7,800 and credit Interest Revenue $7,800