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Blossom Company is about to issue $320,000 of 6 year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such

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Blossom Company is about to issue $320,000 of 6 year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities 1510%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the foctor table provided.) How much can Blossom expect to receive for the sale of these bonds? (Round answer to O decimal places, es. 2,575.) Blossom can expect to receive $

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