Which one of the following is not correct? Select one: A. For debt issued at par: interest expense reported on the income statement equals the cash paid for interest. B. For bond repurchases: Gain (loss) on bond repurchase = Net book value of bonds - Cash paid to repurchase bonds. O C. For debt issued at a discounts interest expense reported on the income statement equals cash interest payment less amortization of the discount. D. For debt issued at a premium, interest expense reported on the income statement equals cash interest payment less amortization of the premium. E. None of the above