On July 1, 2018, McNamara Company issued for $598,964, 10%, 20-year bonds with a face value of $500,000. Interest is paid semiannually on December 31 and June 30. The bonds were issued to yield 8%. The company uses the straight-line method to recognize interest expense. What is the carrying amount of the bonds on the company's December 31, 2019, balance sheet (rounded to the nearest dollar? A) $596,490 B) $598,964 C) $591,542 D) $594,016