On January 1, 2021, Oak Corporation issued $900,000 of 10%, 5-year bonds at 95, with interest paid annually. Using the straight-line amortization method, what is the carrying value of the bonds one year later on January 1, 2022? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)

Question 35 1 pts On January 1, 2021, Oak Corporation issued $900,000 of 10%, 5-year bonds at 95, with interest paid annually. Using the straight-line amortization method, what is the carrying value of the bonds one year later on January 1, 2022? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.) $846,000 $864,000 $891,000 $855,000