Jon Spelman issued $400,000 of 10%, 5-year bonds payable on January 1, 2016, The market interest rate at the date of issuance was 8%, and the bonds pay interest semiannually. (Click the icon to view the Present Value of $1 table.)(Click the icon to view thePresent Value of Annuity of $1 table.) Click the icon to view the Future Value of $1 table. (Click the icon to view the Future Value of Annuity of $1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Use the factor tables provided with factors rounded to three decimal places. Round all currency amounts to the nearest whole dollar.) Upon issuance of the bonds payable, the company received $