Cullumber Railroad Co. is about to issue $296,000 of 6-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Cullumber expect to receive from the sale of these bonds? (Round answer to 0 decimal places, eg. 2,525.) Cullumber can expect to receive $