Ridgewood, Inc. issues $$1,000,000$ face value, $8\%,5-$year bond on January $1,2023.$ Interest is paid semiannually each June $30$ and December $31.$ The bonds sell at a price of $95$; Ridgewood uses the straight$-$line method of amortizing bond discount or premium.

Before payment, the net carrying value of the bond in Ridgewood's December $31,2027,$ financial statements will be $($rounded to the nearest thousands $$)$:

Select one:

a$.$ $$950,000.$

b$.$ $$1,080,000.$

c$.$ $$1,000,000.$

d$.$ $$1,050,000.$