A company issues $$50,000$ of $8\%,10-$year bonds dated January $1$ that pay interest semiannually on June $30$ and December $31,$ each year. If bonds are sold at par value, the issuer records the payment of principal at maturity with a debit to Blank$\_\_\_\_\_\_$ in the amount of Blank$\_\_\_\_\_\_.$

Multiple choice question.

Cash; $$50,000$

Bonds Payable; $$90,000$

Bonds Payable; $$50,000$

Interest Expense; $$50,000$

Cash; $$90,000$