On January 1, 2018, Rupar Retailers purchased $100,000 of Anand Company bonds at a discount of $5,000. The Anand bonds pay 6% interest but were purchased when the market interest rate was 7% for bonds of similar risk and maturity. The bonds pay interest semiannually on Jan 1 and July 1 of each year. Rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. As of Dec 31, 2018, the bonds were trading at a value of $94,000. The bond investment would be reported on the balance sheet at:

A) 94,000

B) 95,000

C) 95,661

D) 100,000