Ellis issues 6.5%, five-year bonds dated January 1, 2015, with a $460,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $469,812. The annual market rate is 6% on the issue date. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.)

TABLE B.4 Future Value of an Annuity of 1 Rate Periods 2% 3% 5% 7% 9% r0s .0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 .0100 2.0200 2.0300 2.0400 2.0500 .0600 2.0700 2.0800 .0900 1000 2.1200 21500 .030 3.0604 3.0909 3.216 3.1525 3.1836 3.2149 3.2464 3.278 3.3100 3.3744 3.4725 4.0604 4.1216 4.1836 4.2465 4.3101 43746 4.43994.5064.5731 4.6410 4.77934.9934 5.1010 5.2040 5.309 5.4163 5.5256 5.637 507 5.8666 5.9847 6.105 6.3528 6.7424 6.1520 6.308 6.4684 6.6330 6.8019 6.9753 7.1533 7.3359 7.5233 7.7156 8.1152 8.7537 7.2135 7.4343 7.6625 7.8983 8.1420 8.3938 8.6540 8.9228 9.2004 9.4872 10.0890 0668 8.2857 8.5830 8.8923 9.2142 9.5491 9.8975 10.2598 10.6366 I1.0285 11.4359 12.2997 13.7268 9.3685 9.7546 10.159 10.5828 10266 11.4913 119780 12.4876 13.0210 13.5795 14.7757 16.7858 10.4622 I0.9497 114639 12.00612.5779 13.1808 13.8164 14.4866 15.1929 15.9374 17.5487 20.3037 11.5668 12.1687 2.8078 13.4864 14.2068 14.9716 15.7836 6.6455 7.5603 8.5312 20.6546 24.3493 10 12.6825 13.412 14.1920 15.0258 15.917 6.8699 78885 18.9771 20.1407 21.3843 24.1331 3.8093 14.6803 15.6178 16.6268 .7130 18.882 2040 21.4953 22.9534 24.5227 28.029 34.3519 14 14.9474 15.9739 17.0863 18.2919 9.5986 21015 225505 4.49 26.0192 27.9750 32.3926 40.5047 15 16.0969 17.2934 18.5989 20.0236 21.5786 23.2760 25.1290 27.152 29.3609 31.7725 37.279747.580 16 17.2579 18.6393 20.1569 21.8245 23.6575 25.6725 27.888 30.3243 33.0034 35.9497 42.7533 55.7175 18.4304 20.012 21.7616 23.6975 25.8404 28.2129 30.8402 33.7502 36.9737 40.5447 48.8837 65.0751 9.6147 21.4123 23.4144 25.6454 28.1324 30.9057 33.9990 37.4502 41.3013 45.5992 55.7497 75.8364 19 20.8109 22.8406 25.1169 27.6712 30.5390 33.7600 37.3790 41.4463 46.0185 51.1591 63.4397 88.2118 22.0190 24.2974 26.8704 29.778 33.0660 36.7856 40.9955 45.7620 51.1601 57.2750 72.0524 102.4436 28.2432 32.0303 36.4593 41.6459 47.7271 54.8645 63.2490 73.1059 84.7009 98.3471 133.3339 212.7930 30 34.7849 40.568 47.5754 56.0849 66.4388 79.0582 94.4608 113.2832 136.3075 164.4940 241.3327 434.7451 35 41.6603 49.9945 60.462 73.6522 90.3203 I4348 138.2369 23168 215.7108 271.0244 431.6635 881.1702 40 48.8864 60.4020 75.4013 95.0255 120.7998 54.7620 199.635 259.0565 337.8824 442.5926 767.0914 779.0903