Sandhill Corporation issued $5200000 of bonds at face value on January 1, 2024. Sandhill chose the fair value option for these bonds. At December 31,2024 , the value of the bonds is now $4680000 because the market interest rates have increased. The entry on Sandhill's books would include No entry would be made a debit to Unrealized Holding Gain of $520000 a debit to Bonds Payable of $520000 a credit to Premium on Bond Payable of $520000