Denzel Corporation is planning to issue bonds with a face value of $690,000 and a coupon rate of 7.5 percent. The bonds mature in 4 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and does not use a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1 1) 3. What bond payable amount will Denzel report on its June 30 balance sheet? Note: Round your intermediate calculations and final answers to whole dollars