Auerbach Inc. issued 4% bonds on October 1,2021. The bonds have a maturity date of September 30, 2021 and a face value of $200 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 $170,244,000 what would the company report for its net bond liability balance at December 31,2021, rounded up to the nearest thousand?

a)$ 168,244,000

b)$ 172,244,000

c)$ 199,000,000

d)$ 170,798,000