Avanti, Inc., is considering the sale of two bond issues. Choice A is a $800,000 bond issue that pays semiannual interest of $64,000 and is due in 20 years. Choice B is a $800,000 bond issue that pays semiannual interest of $60,000 and is due in 15 years. Assume that the market interest rate for each bond is 8 percent. Calculate the amount that Avanti, Inc., will receive if both band issues are made.