Ava, Inc., issued 7% bonds, dated January 1 , with a face amount of $117,200 on January 1, 2019 for an issue price of 90 . The bonds mature in 10 years. For bonds of similar risk and maturity the market yield is 9%. Interest is paid annually on December 31 . Ava uses the effective interest method to amortize the discount on the bond. What is the carrying value of the bond on December 31,2019