Discount-Mart issues $15 million in bonds on January 1, 2018. The bonds have a eight-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: Date Cash Pald Interest Expense Increase in Carrying Value Carrying Value $13,252,156 13,332,242 1/1/18 6/30/18 $450,000 $530,086 $80,086 12/31/18 450,000 533,290 83,290 13,415,532 6/30/19 12/31/19 450,000 450,000 536,621 540,086 86,621 90,086 13,502,153 13,592,239 What is the carrying value of the bonds as of December 31, 2019? (Do not round your intermediate calculations.) $13,502,153 $14,492,239 $13,415,532 $13,592,239