On January 1,2019,Corbin Company Purchases $176,000,4% Bonds at a Price

On January 1,2019,Corbin Company purchases $176,000,4% bonds at a price of 96 and a maturity date of January 1,2029.Corbin Company intends to hold the bonds until their maturity date and has the ability to do so.Interest is paid semiannually,on January 1 and July 1.Corbin Company has a calendar year end and uses the straight-line amortization method for discounts and premiums.The entry to amortize the bond discount or premium on July 1,2019 is:

A) debit Held-to-Maturity Investment in Bonds for $352 and credit Interest Receivable for $352.
B) debit Cash for $704 and credit Interest Revenue for $704.
C) debit Held-to-Maturity Investment in Bonds for $352 and credit Interest Revenue for $352.
D) debit Held-to-Maturity Investment in Bonds for $704 and credit Interest Revenue for $704.