On January 1, Wellness Corporation issues $3,000,000, 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 O debit to Interest Expense, $180,000. O debit to Interest Expense, $360,000. O credit to Discount on Bonds Payable, $30,000 O credit to Discount on Bonds Payable, $15,000. Question 46 1 pts Dakota Company issued $700,000 of 6 %, 5-year bonds at 98, with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year? $686.000 $683 200 s488.a00 S497 200