on january 1, 20x1, water company issues $100,000 of 6% bonds. interest of $3,000 is payable semi-annually on june 30 and december 31. the bonds mature in 5 years and sell for 95,842. on june 30, 20x1, the company recognizes interest expense of $3,354. as a result of recognizing this transaction, the bond carrying value will?