On January 1, 2019, Burton Sales issued $2 premium Immediately after the issue of the bonds, the ledger balances are as follows 1.000 in bonds for S25,800 These are eight-year bonds with a stated ate of 11% and pay sem annual terest. Burton Sales uses the straight line method to amortize he bond 21,000 Premium on Bonds Payable 4,800 After the first interest payment on June 30 2019, what is the balance of Premium on Bonds Payable? (Round your intermediate answers to the nearest dollar) O A. credit of $855 O B. debit of $300 C. debit of $5.400 D credit of $4.500