6 Part 3 of 4 Required information. [The following information applies to the questions displayed below] On January 1, 2024, Vacation Destinations Issues $40 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. (2) eBook (1) Date 1/1/2024 Cash Paid for Interest 6/30/2024 12/31/2024 $1,400,000 1,400,000 (3) (4) Increase in Interest Expense Carrying Value Carrying Value $1,491,277 1,494,928 $91,277 94,928 (5) $37,281,935 37,373,212 37,468,140 3. What is the face amount of the bonds? (Enter your answer in whole dollars, not millions (i.e., $5.5 million should be entered as 5,500,000).) Face amount