Bonds with a stated interest rate of $8\%$ and a face value totaling $$600,000$ were issued for $$618,000$ on January $1,2018,$ when the market interest rate was $7\%.$ The company uses effective$-$interest bond amortization.

Required:

Determine the carrying value of the bonds at December $31,2019.($Round your answer to nearest whole dollar.$)$

Carrying Value