On January 1, 2021, Rupar Retailers purchased $100,000 of Anand Company bonds at a premium of $5,000. The Anand bonds pay 7% interest but were purchased when the market interest rate was 6% for bonds of similar risk and maturity. The bonds pay interest semiannually on January 1 and July 1 of each year. Rupar accounts for the bonds as a held-to-maturity investment and uses the effective interest method. On December 31, 2021, Rupar's carrying value would be: