The Great Lakes Company issues $504,000 of 11%, 10-year bonds at 105 on March 31, 2018. The bond pays interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the first interest payment on September 30, 2018 includes a Round your intermediate answers to the nearest dollar.) O A. debit to Cash for $27,720 O B. debit to Interest Expense for $28,980 O C. credit to Premium on Bonds Payable for $1,260 D. debit to Interest Expense for $26,460