On January 1, 2020, Green Bay Enterprises issued 10%, 10-year bonds with a face amount of $2,000,000 at 108. Interest is payable annually on January 1. The entry to accrue interest on December 31, 2020 would include a

1.credit to premium on bonds payable for $16,000. 2.debit to interest expense for $200,000.

3.debit to interest expense for $184,000.

4.credit to bonds payable for $200,000.