Solderman Company issued $530,000,4%,10 - year bonds for $452,800 with a market rate of 6%. 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: A. credit to Interest Expense of $21,200. B. credit to Cash of $27,168. C. credit to Cash of $21,200. D. credit to Interest Expense of $27,168