Answer:
$21,687.5
Explanation:
Premium on bonds payable = $21,800 - $20,000 = $1,800
Interest payments = 8 years X 2 semiannual interest payments per year  = 16 payments
Premium ammortisation = $1,800 / 16 Â = $112.5
Carrying value of the bond = $21,800 - $112.5 Â = $21,687.5