Moss Co. issued $370,000 of four-year, 12% bonds, with interest payable semiannually, at a market (effective) interest rate of 10%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7 . Round to the nearest dollar. Exhibit 7 Present Value of an Annuity of $1 at Compound Interest Exhibit 5 Present Value of $1 at Compound Interest