On January 1, 2021, Mirada, Inc. issued five-year bonds with a face value of $100,000 and an annual stated interest rate of 8%. Interest payments are made semi-annually on June 30th and December 31st. The bonds were issued for $108,530, when the market rate of interest was 6%.

What is the carrying value of the bonds on June 30, 2022 (i.e., after the third interest payment)?