On January 1, your company issues a 5 -year bond with a face value of $10,000 and a stated interest rate of 6%. The market interest rate is 4%. The issue price of the bond was $10,890. Your compony used the effective-interest method of amortization. At the end of the first year, your company should: Multiple Choice debit interest Expense for $600, credit Premlum on Bonds Payable for $164.00, and credit interest Payable for $436.00. debit interest Expense for $600, debit Premium on Bonds Payable for $164.00, and credit interest Payable for $436.00 debit interest Expense for $436.00 and ctedit interest Payshle for $436.00 debit interest Expense for $436.00, debit Premium on Bonds Paysble for $164.00, and credit Cash for $600