On January 1, Culver Corporation issues $3960000, 5-year, 12% bonds at 95 with interest payable on January 1. The entry on December 31 to record accrued bond interest and the amortization of bond discount using the straight-line method will include a debit to Interest Expense, $475200. O debit to Interest Expense, $237600. O credit to Discount on Bonds Payable, $19800. credit to Discount on Bonds Payable, $39600