On January $1,$ Bramble Inc. issued $$5020000,9\%$ bonds for $$4757000.$ The market rate of interest for these bonds is $10\%.$ Interest is

payable annually on December $31.$ Bramble uses the effective$-$interest method of amortizing bond discount. At the end of the first

year, Bramble will report a carrying value of the bonds payable of

$$239100.$

$$4780900.$

$$4783300.$

$$4807200.$