On July 1, 2020, Odessa Company issued for $414,205, 8%, 8-year bonds with a face value of $500,000. Interest is paid semiannually on December 31 and June 30. The market interest rate for similar bonds is 10%. Odessa uses the effective interest method to amortize any bond discount or premium.

What is the carrying amount of the bonds in Odessas December 31, 2021, balance sheet?

$415,661

$416,444

$416,245

$414,915

$414,205