[The following information applies to the questions displayed below] On January 1,2024. White Water issues $530,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 5% and the bonds issued at $596.522. Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $590,217 on December 31,2026 . (Round your final answers to the nearest whole dollar.)