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Connect PVA of S1jpg (1169 007) X FVA of $1.jpg (1169794) ducation.com/ext/map/index.html?_con-con&external_browser-Olaunchurl=https%253A%252F%252Fnewconnect.mheducation.com%252... saved Help Save & EX Tomkin Library System issues $5 million in bonds

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Connect PVA of S1jpg (1169 007) X FVA of $1.jpg (1169794) ducation.com/ext/map/index.html?_con-con&external_browser-Olaunchurl=https%253A%252F%252Fnewconnect.mheducation.com%252... saved Help Save & EX Tomkin Library System issues $5 million in bonds on January 1, 2021 that pay interest semi-annually on June 30 and December 31 A portion of the bond amortization schedule appears below Interest Decrease in Carrying Date Cash Paid Expense Carrying Value Value 01/01/2021 $5,500,000 06/30/2021 $250,000 $220,000 $30,000 5,470,000 12/31/2021 250,000 218,800 31,200 5,438,800 What is the original issue price of the bonds? Multiple Choice 55.438 800

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