Lenz Corporation Issued Ten-Year,8 Percent Bonds Payable in 2009 at a Premium.During

Lenz Corporation issued ten-year,8 percent bonds payable in 2009 at a premium.During 2009,the company's accountant failed to amortize any of the bond premium.The omission of the premium amortization will

A) cause net income for 2009 to be overstated.
B) not affect net income reported for 2009.
C) cause net income for 2009 to be understated.
D) cause retained earnings at the end of 2009 to be overstated.