On January 1, Wellness Corporation issues $3,000,000, 5-year, 12% bonds at 95 with interest payable on July 1 and 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...

A. debit to Interest Expense, $180,000.

B. debit to Interest Expense, $360,000.

C. credit to Discount on Bonds Payable, $15,000.

D. credit to Discount on Bonds Payable, $30,000.