On January 1, 2014, Old World Company Purchased $300,000 of Ten-Year

On January 1, 2014, Old World Company purchased $300,000 of ten-year 10% bonds of New Company for $326,840. Interest is payable annually. The effective yield on the investment is 8%. What is the balance in Old World's investment in held-to-maturity debt securities account (rounded to the nearest dollar, if necessary) at December 31, 2015?

A) $330,693
B) $326,840
C) $322,987
D) $318,826