FGX Inc. is issuing bonds to finance a new project in Kansas. These bonds are being offered with a face value of $1000, a coupon rate of 7% per year (paid semiannually), and a maturity of 20 years. Find the pure price of each bond if the current market interest rate for similar financial assets is 9% per year (compounded semiannually). Note: round your answer to two decimal places, and do not include spaces, currency signs, plus or minus signs, nor commas