On January 1, 2020, when the market rate of interest was 7%, Flair Company issued $1,000,000 total face value, 10-year bonds with an annual stated interest rate of 6%. Interest is paid semi-annually on June 30th and December 31st Flair received $928,938 in cash when the bonds were issued. After the entry to record the second interest payment, what will the carrying value (or book value) of Flair's bonds be at December 31, 2020? Flair uses the effective interest method for amortization. Round to the nearest dollar