3. Discount-Mart issued $10,000,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds. Payment Cash Effective Interest Increase in Outstanding Balance Balance 8,640,967 123 300,000 345,639 45,639 8,686,606 2 300,000 347,464 47,464 8,734,070 300,000 349,363 49,363 8,783,433 4 300,000 What is the book value of the bonds as of December 31, 2019? A. $8,834,770. B. $8,686,606. C. $8,734,070. D. $8,783,433