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On January 1 , Bramble Inc. issued $ 5 0 2 0 0 0 0 , 9 % bonds for $ 4 7 5 7

On January 1, Bramble Inc. issued $5020000,9% bonds for $4757000. The market rate of interest for these bonds is 10%. Interest is
payable annually on December 31. Bramble uses the effective-interest method of amortizing bond discount. At the end of the first
year, Bramble will report a carrying value of the bonds payable of
$239100.
$4780900.
$4783300.
$4807200.
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