Check my work O information applies to the questions displayed below.) Part 1 of 4 1.25 points On January 1, 2019, Learned Inc. issued $105 million face amount of 20-year, 14% stated rate bonds when market interest rates were 16%. The bonds pay interest semiannually each June 30 and December 31 and mature on December 31, 2038. Table 6-4, Table 6-5 (Use appropriate factor from the table provided.) Skipped eBook Print References lequired: 1. Calculate the proceeds (issue price) of Learned Inc.'s, bonds on January 1, :019, assuming that the bonds were old to provide a market rate of return o the investor. (Round PV factor to 4 lecimal places. Enter your answers in lollars, rather than in millions of lollars.) Proceeds