Solderman Company issued $480,000,8%, 10-year bonds for $442,800 with a market rate of 10%. The effective interest method of amortization is used and interest is paid annually. The journal entry on the first interest payment date would include a: O A. credit to Cash of $44.280 OB credit to Interest Expense of $38,400 OC. credit to Interest Expense of $44 280 OD. credit to Cash of $38,400