Smoke and Musk Inc issues bonds with the following information:

Par Value	$20,000
Term	8 years
Contract Interest Rate	4%
Issue Price	97.2

What is the journal entry to record the bond at issuance?

[ Select ] ["DR", "CR", ""] [ Select ] ["Discount", "Cash", "Premium", "Bonds Payable"] [ Select ] ["20,400", "20,000", "19,400", "19,440"]

[dr] [ Select ] ["Discount", "Premium"] [ Select ] ["560", "600", "972", "440"]

[ Select ] ["CR", "DR"] [ Select ] ["Discount", "Premium", "Bonds Payable", "Cash"] [ Select ] ["20,000", "19,400", "19,440", "20,400"]