es Auerbach Incorporated issued 6% bonds on October 1, 2024. The bonds have a maturity date of September 30, 2034 and a face value of $700 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2025. The effective interest rate established by the market was 8%. Assuming that Auerbach issued the bonds for $604,869,930, what would the company report for its net bond liability balance on December 31, 2024. Note: Round your answer to the nearest thousand. Do not round intermediate calculations. Multiple Choice $594,370,000 $615,370,000 $606,467,000 $699,000,000