On January 1, 2021, $1040000,5-year, 5% bonds, were issued for $995639. The Interest rate in effect when the bonds were issued was 6%. Interest is paid semiannually on January 1 and July 1. What would be the amortized cost of the bonds on January 1, 20222 (Round intermediate calculations to 5 decimal places.) $1007598 O $1003493 $995639 O $1040000 On January 1, 2021, $1040000.5-year, 5% bonds were issued for 5995639. The interest rate in etfect when the bonds were issued was 6% Interest is paid semi-annually on January 1 and July 1. What would be the amortired cost of the bands on January 1, 20227 (Round intermediate calculations to 5 decimal places.) $1007598 $1003493 $995639 $1040000