49. On January 1, 2019, a company issued $400,800 of 10-year, 12% bonds. The interest is payable semi-annually on June 30 and December 31. The issue price was $414,753 based on a 10% market interest rate. The effective-interest method of amortization is used. What is the book value of the bond liability as of June 30, 2019 (to the nearest dollar)? Multiple Choice $404,110. $418,063. $411,443. $400,800.