On July 1, 2019, Waterway Industries issued 11% bonds in the face amount of $12500000, which mature on July 1, 2025. The bonds were issued for $11986074 to yield 12%, resulting in a bond discount of $513926. Waterway uses the effective-interest method of amortizing bond discount. Interest is payable annually on June 30. At June 30, 2021, Waterway's unamortized bond discount should be (Round intermediate calculations to 0 decimal places, e.g. 9,020,890.) $397269. $367269. $379669. $409269