Dempsey Railroad Co. is about to issue $264,000 of 9-year bonds paying an 10% interest rate, with interest payable sermannually. The discount rate for such securities is 8%. (For calculation purposes, use 5 decmal places as displayed in the factor table provided.) How much can Dempsey expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.)