Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $330 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 6%. Assuming that Auerbach issued the bonds for $280,906,000, what would the company report for its net bond liability balance after its first interest payment on March 31, 2022? Multiple Choice $280,905,000 $284,559,300 $282,733.180 $279,077,850