On January 1, 2019, Sandy Cheeks Corporation purchased $80,000, 8%, 16-year bond as a LONG-TERM investment for $89,600 cash. The bonds pay interest semi-annually each June 30 and December 31. Sandy Cheeks uses the straight- line method of amortization to amortize any premium or discount. What is the carrying value of the bond investment on December 31, 2019? exact number, no tolerance Why are held to maturity securities not adjusted to fair market value at the end of the year