(b) On January 1, 2020, Sheridan Corporation purchased 336 of the $1,000 face value, 12%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Sheridan purchased the bonds to yield 11%. How much did Sheridan pay for the bonds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, eg. 458,581.) Sheridan must pay for the bonds $