On January 1, a company issued and sold a $392.000,5%, 10-year bond payable, and received proceeds of $387,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The journal entry to record the first interest payment is: Multiple Choice o Debit Bond Interest Expense $9.800 Credit Cash $9,800 o Debit Bond Interest Expense $19,600 credit Cash $19,600. o Debt Bond Interest Expense $9.550, debit Discount on Bonds Payable $250 Credit Cash $9.800 o o Debit Bond Interest Expense $9,800; debit Discount on Bonds Payable $250, Credit Cash $10,050 Debit Bond Interest Expense $10.050: credit Cash $9.800, credit Discount on Bonds Payable $250 o