Required information

P$10-8($Static$)($Chapter Supplement$)$ Recording and Reporting a Bond Issued at a Discount

$($without Discount Account$)$ L$010-4$

$[$The following information applies to the questions displayed below.$]$

Claire Corporation is planning to issue bonds with a face value of $$100,000$ and a coupon rate of $8$

percent. The bonds mature in two years and pay interest quarterly every March $31,$ June $30,$ September $30,$

and December $31.$ All of the bonds were sold on January $1$ of this year. Claire uses the effective$-$interest

amortization method and does not use a discount account. Assume an annual market rate of interest of $12$

percent. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

P$10-8$ Part $3$

What bonds payable amount will Claire report on this year's December $31$ balance sheet?

Note: Round your final answer to nearest whole dollar amount.