Asay Corp. is planning on Issuing bonds with a face value of $300,000 and a coupon rate of 6%. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year. Assume a 8% market interest rate. What is the issuance price of the bonds on January 1 of this year? NOTE: Round your answer to the nearest whole dollar. (Time Value of Money Tables PV of S1: PVA of $1 $259,230 $300,000 $152,728 $275,666 $199,348