Assume General Motors Corporation is planning to issue bonds with a face value of $$250,000$ and a coupon rate of $6$ percent. The bonds mature in five years and pay interest semiannually every June $30$ and December $31.$ All of the bonds were sold on January $1$ of this year. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided. Round your final answer to a whole dollar.

Determine the issuance price of the bonds assuming an annual market rate of interest of $8$ percent.