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12A. On December 31, 2024, when the market interest rate is 8%. Amold Corporation issues $200,000 of 6%,10-year bonds payable. The bonds pay interest semiannua-

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12A. On December 31, 2024, when the market interest rate is 8%. Amold Corporation issues $200,000 of 6%,10-year bonds payable. The bonds pay interest semiannua- y. Determine the present value of the bonds at issuance (Cick the icon to view Present Value of 51 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Cick the icon to view Future Value of \$1 table) (Click the icon to view Future Vahue of Ordinary Annuity of 51 table.) Start by calculating the present value of the principal. (Enter tactor amounts to three decimal places, Xx.)

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