Based on the current expected credit loss model, a company records the following journal entry at year-end related to a five-year bond issued by Jenins Corp. Debit Credit loss $23,000 Debit Unrealized loss - AFS 9,000 Credit Allowance for credit losses $23,000 Credit Valuation allowance 9,000 The security is classified as available-for-sale and has an amortized cost of $250,000 and current fair value of $218,000. Based on the journal entry above, the present value of expected future cash flows must be closest to: A. $259,000. B. $241,000. C. $273,000. D. $227,000