On January 1, 2024, Burton Sales issued $23,000 in bonds for $35,800. These are ten-year bonds with a stated rate of 9% and pay semiannual interest. Burton Sales uses the straight-line method to amortize the bond premium. After the first interest payment on June 30, 2024, what is the balance of Premium on Bonds Payable? (Round your intermediate answers to the nearest dollar.) a. debit of $800 b. credit of $12,160 c. credit of $235 d. debit of $14,400