Kalani Corporation is planning to issue bonds with a face value of $$502,500$ and a coupon rate of $6$ percent. The bonds mature in $7$ years and pay interest semiannually every June $30$ and December $31.$ All of the bonds will be sold on January $1$ of this year. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)$ Note: Use appropriate factor$($s$)$ from the tables provided. Required: Compute the issue $($sales$)$ price on January