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Crane Company issues $26400000,8.0%,5-year bonds dated January 1,2024 on January 1, 2024. The bonds pay interest semiannually on June 30 and December 31 . The

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Crane Company issues $26400000,8.0%,5-year bonds dated January 1,2024 on January 1, 2024. The bonds pay interest semiannually on June 30 and December 31 . The bonds are issued to yield 7.0% Given the following present value factors, what are the proceeds from the bond issue? $27446108$27497828$27487261$26400000

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