Kalahari Limited on January 2,2013,this Company Issued 1,000,000,10-Year Bonds for $1,150,000.The

Kalahari Limited On January 2,2013,this company issued 1,000,000,10-year bonds for $1,150,000.The bonds pay interest on June 30 and December 31.The stated rate is 10% and the market rate is 8%.The company plans to use the effective interest method of amortizing bond discounts and premiums.
-Refer to Kalahari Limited.What is the carrying value of the bonds after the first interest payment is made on June 30,2013?

A) $1,154,000
B) $1,146,000
C) $1,142,400
D) $1,000,000