Tomkin Library System issues $5 million in bonds on January 1, 2021 that pay interest semi- annually on June 30 and December 31. A portion of the bond amortization schedule appears below: Date 01/01/2021 Cash Paid Interest Expense 12/31/2021 250,000 06/30/2021 $ 250,000 $220,000 $ 218,800 Decrease in Carrying Carrying Value Value What is the original price of the bonds? 30,000 31,200 $ 5,500,000 5,470,000 5,438,800