On January $1,$ a company issues $$500,000,5-$year, $8\%$ bonds at $102$ with interest payable on January $1.$ Which of the following is one part of the entry on December $31$ to record accrued bond interest and the amortization of the bond premium using the straight$-$line method?

Group of answer choices

A debit to Discount on Bonds Payable, $$2,000$

A credit to Premiums on Bonds Payable, $$2,000$

A debit to Interest Expense for $$38,000$

A credit to Discount on Bonds Payable, $$2,000$

A debit to Interest Expense, $$40,000$