Patrick Company purchased as a long$-$term investment $$850,000$ of $8\%$ bonds, dated July $1,$ on July $1,2024.$ Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was $10\%.$ The price paid for the bonds was $$744,072$ on July $1,2024.$ Interest is received semiannually on June $30$ and December $31.$ Due to changing market conditions, the fair value of the bonds at December $31,2024,$ was $$750,000.$ At what amount will Patrick report its investment in the December $31,2024$ balance sheet?

$$740,868$

$$748,648$

$$747,276$

$$750,000$