Use the following partial bond amortization schedule to answer the question. Given information: A corporation issues $100,000 of bonds on January 1, 2021. The bonds have a 10-year term and pay interest semiannually on June 30 and December 31 each year. What is the carrying value of the bonds of December 31, 2021?

(1)	(2)	(3)	(4)	(5)
Date	Cash Paid	interest expense	increase in Carrying Value	CarryingValue
	Face amount X stared Rate	Carrying Value X market Rate	(3)-(2)	Prior Carrying value + (4)
1/1/2021				$93205
6/30/2021	$3500	3728	228	93433
12/31/2021	3500	3737	237	93670
.	.	.	.	.
.	.	.	.	99057
6/30/2030	3500	3962	462	99519
12/31/2030	3500	3981	481	100000