On 1 January 20X2. Investor Company purchased $2,400,000 of Operating Corp, 5% bonds, classified as an AC investment. The bonds pay semi-annual Interest each 30 June and 31 December. The market interest rate was 6% on the date of purchase. The bonds mature on 30 December 20X11. (PV of $1. PVA of $1 and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the price paid by Investor. (Round time value factor to 5 decimal places. Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Price paid