On January 1, Year 1. Weller Company issued bonds with a $425,000 face value, a stated rate of interest of 9%, and a 10-year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 7%. Interest is paid annually on December 31 Assuming Weiler issued the bands for $436,940, what is the carrying value of the bonds on the December 31, Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $429.01 $420.276 $421.075 $412.300