On December 1, 2022, Barnes Inc. borrow $100,000 in the form of an installment loan to purchase a new building. The interest rate on the loan is 9% per year and the required payments are $800 per month (paid on last day of the month). What is the carrying value of the company's installment loan (Note Payable account only, NOT the related Interest Payable) reported on the 2022 balance sheet?

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