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Riedy purchased (on 7/1/21) $1,000,000 of HTM, 8% bonds for $904,000

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Riedy purchased (on 7/1/21) $1,000,000 of HTM, 8% bonds for $904,000. The bonds mature on January 1, 2029; Straight-line amortization is used. The 12/31/22 bond carrying value is:

Select one:

a. $910,400

b. $916,800

c. $910,000

d. $923,200

e. $897,600