On January 1, a company issued and sold a $430,000, 596, 10-year bond payable, and received proceeds of $420,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the second interest payment is: Multiple Choice $430,000. $429,500 $421,000 $419,500. $420,500