Question 4 3 pts On January 1., Tonika Corporation issued a four-year, $10,200, 7% bond. The interest is payable annually each December 31. The issue price was $9.862 based on an 8% effective interest rate. Assuming the effective-interest amortization is used, and rounding calculations to the nearest whole dollar, which of the following journal entries correctly records the current year interest expense? O Interest expense Discount on bonds payable Cash O Interest expense Discount on bonds payable Cash 690 24 714 749 35 714 O Interest expense Cash Onterest expense 1714 714 789 Discount on bonds payable 75 Cash 714