A company issued 7%, 10-year bonds with a face amount of $237,000. The market yield for bonds of similar risk and maturity is 6%. Interest is paid annually. What is the debit to cash for the bond proceeds?

Here are the PV and PVA factors

PV i=6%, 10 periods	PVA i=6%, 10 periods	PV i=7%, 10 periods	PVA i=7%, 10 periods
.55839	7.36009	.50835	7.02358