Rowan Corporation issued ten-year term bonds on January 1, 2013, with a face value of $400,000. The face interest rate is 6 percent and interest is payable semi-annually on June 30 and December 31. The bonds were issued for $345,480 to yield an effective annual rate of 8 percent. The effective interest method of amortization is to be used. The entry to record the bond interest expense on the first interest payment date is: (Round answer to the nearest dollar.) Bond Interest Expense 13.819 (Debit) / Cash 13.819 (Credit) Bond Interest Expense 12.000 (Debit) / Cash 12.000 (Credit) Bond Interest Expense 10.364 (Debit) / Unamortized Bond Discount 1.636 Cash 16.000 (Credit) Bond Interest Expense 13,819 (Debit)/ Unamortized Bond Discount 1.819 Cash 12.000 (Credit)