Question 37 3.33 pts Baskin issued 700,000 of 8%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The cash proceeds were $654.758 and the market rate on the issue date was 10% Assuming Baskin uses the effective interest method, the carrying value of the bonds at December 31, 2019 is closest to: $700,000 5659,496 $669.695 $664,471 $654,758