On July 1, 2023, Pronghorn Ltd. purchased $203000 (par value) of Sandhill's 8% bonds. Because the market rate was 9%, Pronghorn purchased them for $184200. The bonds pay interest semi-annually on December 31 and June 30. Pronghorn uses the amortized cost model and the effective interest method to recognize interest income on bond investments. Rounding values to the nearest dollar (if necessary), the entry to recognize receipt of the first interest payment on December 31, 2023 will include a debit to Cash of $8289. O credit to Interest Income of $8120. O debit to Cash of $9135. credit to Interest Income of $8289.