On January 1,2024 , Splash City issues $380,000 of 8% bonds. due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 9% and the bonds issued at $349,051. Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $351,221 on December 31, 2025. (Round your final answers to nearest whole) dollar.)