On January 1, Tonika Corporation issued a four-year, $10,000, 8% bond.

The interest is payable annually each December 31. The issue price was $9,676 based on an 9% effective interest rate.

Assuming effective-interest amortization is used, the December 31, year-end book value after the December 31 interest payment was made is closest to:

Group of answer choices

$9,676.

$9,747.

$9,670.

$9,824.