On January 1, 201x5 Entity A acquires a 5-year, 5% 1,000,0000 face amount bonds for 957,876 and classifies them as available for sale financial assets. The issuer pays annual interest every december 31. the effective interest rate is 6% On december 31, 20x1, thw bonds have a fair value of 980,000

How much is the carrying amount of the bonds on Entity A's December 31, 20x1 statement of financial position?

a. 980,000

b. 957,867

c. 973, 270