A company issues $20,000.000. , 7.8%, 20 year bonds to yield 8% on January 1, 2006. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using straight line amortization, what is the carrying value of the bonds on December 31, 2008? a) $19,670,231. b) $19,940,622. c) $19,633.834. d) $19,663.523