Lands Co purchased $1,000,000 %. 5-year bonds on January 1, 2022, Interest payments will be received on June 30th and December 31st. The bonds were purchased for $1,041,580 an effective interest rate of 7% Lands uses the effective interest method to amortize premune and discounts. What would be the carrying valus (or amortized cost) of the bonds at December 31. 2022 Oa $1,034,366 O $1,048,704 $103,035 Od $1,000,000 $1,041,580