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Cane Enterprises issued 10%,6 year, $2,770,000 bonds that pay interest annually on April 1. The bonds are dated April 1,2022, and are issued on that

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Cane Enterprises issued 10%,6 year, $2,770,000 bonds that pay interest annually on April 1. The bonds are dated April 1,2022, and are issued on that date. The discount rate for such bonds on April 1, 2022, is 12% Click here to view the factor table. (For colculation purposes, use 5 decimal ploces as dispiayed in the foctor table provided) What cash proceeds did Crane receive from issuance of the bonds? (Round answer to O decimal places, ey. 125) Cash proceeds from issuance of the bonds

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