Auerbach Inc. issued 8% bonds on October 1, 2018. The bonds have a maturity date of September 30, 2028 and a face value of $300 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2019. The effective interest rate established by the market was 10% Assuming that Auerbach issued the bonds for $262,611,000, what would the company report for its net bond liability balance at December 31, 2018, rounded up to the nearest thousand? (Do not round intermediate calculations.) Multiple Choice $263,176,000. $256,611,000. $299,000,000. $268,611,000