Marwick Corporation issues 11%, 5 year bonds with a par value of $1,030,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9%. What is the bond's issue (selling) price, assuming the Present Value of $1 factor for 4.5% and 10 semi-annual periods is 0.6439 and the Present Value of an Annuity factor for the same rate and period is 7.9127?