On January 1, 2021, Fast Corporation issues $200,000 of 9%, 10-year bonds, with interest payable semiannually on June 30 and December 31 each year. The market interest rate is 10%. The issue price of the bonds is $187,538. What journal entry should the corporation make to record the first semiannual interest payment on June 30, 2021? (Round final amounts to the nearest whole dollar.) Multiple Choice Account Interest Expense Debit Credit 10,000 Interest Payable Account Debit Credit Interest Expense 10,000 10,000 Account Interest Expense Discount on Bonds Payable Cash Account Interest Expense Discount on Bonds Payable Cash Debit Credit 10,000 Debit Credit 9,377 O Account Debit Credit Interest Expense 9,000 Cash 1,000 9,000 377 9,000 9,000