Lenz Corporation Issued Ten-Year,8 Percent Bonds Payable in 2012 at a Premium.During

Lenz Corporation issued ten-year,8 percent bonds payable in 2012 at a premium.During 2012,the company's accountant failed to amortize any of the bond premium.The omission of the premium amortization will

A) cause net income for 2012 to be overstated.
B) not affect net income reported for 2012.
C) cause net income for 2012 to be understated.
D) cause retained earnings at the end of 2012 to be overstated.