On January 1, Year 1, Weller Company issued bonds with a $310,000 face value, a stated rate of interest of 9.50%, and a 10-year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 7.50%. Interest is paid annually on December 31.

Assuming Weller issued the bonds for $333,090, what is the carrying value of the bonds on the December 31, Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Multiple Choice

• $339,450

• $323,819

• $318,655

• $328,622