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6. On March 1, 2018, Concord Co. issued at 103 plus accrued interest $3,980,000, 9% bonds. The bonds are dated January 1, 2018, and pay

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6. On March 1, 2018, Concord Co. issued at 103 plus accrued interest $3,980,000, 9% bonds. The bonds are dated January 1, 2018, and pay interest semiannually on July 1 and January 1. In Concord Co. incurred $30,000 of bond issuance costs. addition, Compute the net amount of cash received by Concord Co. as a result of the issuance of these bonds. Round final answers to 0 decimal places, e.g. 5275.) Net cash received

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