On January 1, Parson Freight Company issues 8.0%, 10-year bonds with a par value of $2,200,000. The bonds pay interest semiannually. The market rate of interest is 90% and the bond selling price was $2,050.507. The bond issuance should be recorded as Multiple Choice O Debi Cash $2.200,000, credit Bonds Payable $2.200.000 Debit Cash $2,050,507, credit Bonds Payable $2.050.507 Debit Cash $2,200,000 credit Bonds Playable $2,050507; credit Discount on Bonds Poyable $149,493. Debit Cash 52.050.507, debit Discount on Bonds Payable 549,493.cedit Bonds Payabi 52.200.000 Debit Cash $2.050 507, debit interest Expense $149.93.co Bonds Payable $2.200.000