The following partial amortization schedule is available for Blossom Company who sold $300000, 5-year, 10% bonds on January 1, 2020 for $312000 and uses annual straight-line amortization.

BOND AMORTIZATION SCHEDULE
Interest Periods	Interest to be paid	Interest expense	Premium Amortization	Unamortized Premium	Bond Carrying Value
January 1, 2020				$12000	$312000
January 1, 2021	(i)	(ii)	(iii)	(iv)	(v)

Which of the following amounts should be shown in cell (v)?

$309600

$310800

$313200

$314400