Question 10 5 pts On January 1, 2021, for $19.0 million, the Gas Lamp Company issued 10% bonds, dated January 1, 2021, with a face amount of $21.0 million. For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. Prepare the journal entry to record interest on June 30, 2021. dr. Interest expense $1,140,000; cr. Discount on bonds payable $90,000; cr. Cash $1,050,000 None of these options dr. Interest expense $1,260,000; cr. Cash $1,260,000 dr. Interest expense $975,000; cr. Discount on bonds payable $25,000; cr. Cash $950,000 O dr. Interest expense $1,050,000; dr. Discount on bonds payable $90,000; cr. Cash $1,140,000