On October 1, 2020 Sunland Company issued 5%, 10-year bonds with a face value of $8110000 at 103. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a

credit of $202750 to Interest Payable.

debit of $243300 to Discount on Bonds Payable.

credit of $243300 to Premium on Bonds Payable.

credit of $7866700 to Bonds Payable.