Discount-Mart issues $15 million in bonds on January 1, 2012. They have a seven-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.

Date	Cash Paid	Interest Expense	Increase in Carrying Value	Carrying Value
1/1/12				$13,515,204
6/30/12	$600,000	$675,760	$75,760	13,590,964
12/31/12	600,000	679,548	79,548	13,670,512
6/30/13	600,000	683,526	83,526	13,754,038
12/31/13	600,000

What is the carrying value of the bonds as of December 31, 2013? (Round your answer to the nearest dollar amount.)

$13,841,740.

$15,041,740.

$13,754,038.

$13,670,512.