On January 1, Crane Corporation issued $1800000, 12 %, 5-year bonds with interest payable on January 1. The bonds sold for $1977372. The market rate of interest for these bonds was 10%. On the first interest date, using the effective-interest method, the debit entry to Interest Expense is for: O $180000.00. O $216000.00. O $197737.20. O $237284.64