Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2015. THA's accountant has projected the following amortization schedule from issuance until maturity:

Date	Cash Paid	Interest Expense	Increase in Carrying Value	Carrying Value
1/1/15				$208,833
6/30/15	$8,800	$10,442	$1,642	210,475
12/31/15	8,800	10,524	1,724	212,199
6/30/16	8,800	10,610	1,810	214,009
12/31/16	8,800	10,700	1,900	215,909
6/30/17	8,800	10,795	1,995	217,904
12/31/17	8,800	10,896	2,096	220,000

THA issued the bonds for:

$220,000

$208,833

$272,800

Cannot be determined from the given information.