Dobbs Company issues 9%, two-year bonds, on December 31, 2017, with a par value of $104,000 and semiannual interest payments. Semiannual Period-End (0) 12/31/2017 (1) 6/30/2018 (2) 12/31/2018 (3) 6/30/2019 (4) 12/31/2019 Unamortized Discount $6,080 4,560 3,040 1,520 Carrying Value $ 97,920 99,440 100,960 102,480 104,000