"A company issues $26050000, 9.8%, 20-year bonds to yield 10% on January 1, Year 16. Interest is paid on June 30 and December 31. The proceeds from the bonds are $25603000. Using straight-line amortization, what is the carrying value of the bonds on December 31, Year 187 "$25,635,937 "$25,670,050" "$25,678,437 "$26,016,427