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|(b) On January 1. 2017, Manatee Corporation purchased 1,000 of the $1,000 par value, 6% 20-year bonds of Fishes Inc. The bonds mature on annually

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|(b) On January 1. 2017, Manatee Corporation purchased 1,000 of the $1,000 par value, 6% 20-year bonds of Fishes Inc. The bonds mature on annually beginning January 1, 2018. Manatee purchased the bonds to yield 8%. How much did Manatee pay for the bonds? January 1, 2037, and pay interest

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