Cullumber Railroad Co. is about to issue $100,000 of 10 -year bonds that pay a 5.00% annual interest rate, with interest payable semiannually. The market interest rate is 8%. How much can Cullumber expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal ploces as displayed in the foctor table provided. Round final answer to 2 decimal places, eg. 5,275.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Expectation from sale of bonds $