On January 1, 2019, First Street Sales issued

$ 32 comma 000$32,000

in bonds for

$ 21 comma 700$21,700.

These are

sixminusyear

bonds with a stated interest rate of

99%

that pay semiannual interest. First Street Sales uses the

straightminusline

method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows:

Bonds Payable

	32 comma 00032,000

Discount on Bonds Payable

10 comma 30010,300

After the first interest payment on June 30, 2019, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A.

debit of $ 9 comma 442$9,442

B.

debit of $ 10 comma 300$10,300

C.

debit of $ 11 comma 158$11,158

D.

credit of $ 858