On January 1, 2021, Bantam Company issues a $1,000,000 face value, 4%, 5-year bond. Interest is paid semiannually each June 30 and December 31. The bonds sold at a price of 102; Bantam uses the straight-line method of amortizing bond discount or premium. Before payment, the net carrying value of the bond in Bantam Company's December 31, 2025, financial statements will be (round to nearest thousand S): Select one: O a $1,040,000 O b. $1,020,000 O c $1,000,000 O d. $980,000