Question 17 3.12 pts On January 1, 2013, a company issued and sold an $850,000,6%, five-year bond payable and received proceeds of $825,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The journal entry to record the first interest payment is: Dr. Bond Interest Expense 51,000; Cr. Cash 51,000 Dr. Bond Interest Expense 23,000, Dr. Discount on Bonds Payable 2,500; Cr. Cash 25,500 O Dr. Bond Interest Expense 28,000; Cr. Discount on Bonds Payable 2,500, Cr. Cash 25,500 Dr. Bond Interest Expense 25,500; Cr. Cash 25,500 Dr. Bond Interest Expense 25,500, Dr. Discount on Bonds Payable 2,500; Cr. Cash 28,000