Coronado Inc. issues $2, 050, 700 of 7% bonds due in 11 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 8%. What amount will Coronado receive when it issues the bonds? (Round factor values to 5 decimal places, e.q. 1.25124 and final answers to 0 decimal places, e. q. 458, 581.) Amount received by Coronado when bonds were issued