On January 1, 2024, Solo Incorporated issued 1,700 of its 8%, $1,000 bonds at 98.5. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2034. Solo paid $51,000 in bond issue costs. Solo uses straight-line amortization. What is the carrying value of the bonds reported in the December 31, 2024, balance sheet? Multiple Choice $2,941,000 $2,890,000 $1,631,150 $1,757,050