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3. On January 1, 2019, Wenn Co. purchased 600 of the 1,000 face value, 8% bonds of Loy, Inc., for 630.000 ( 7% effective interest rate). The bonds, which mature on January 1, 2024 pay interest annually on January 1 each year. Wenn used the effective interest method of amortization and appropriately recorded the bonds as non-trading. answer the following question On Wenn's December 31, 2020 statement of financial position, what is the carrying value of the bonds? (2 points)