On December $31,2025,$ when the market interest rate is $14\%,$ Randall Realty issues $$400,000$ of $11\mathrm{.}25\%,10-$year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. $($Round all currency amounts to the nearest whole dollar.$)$

View the Present Value of $$1$ table.

View the Present Value of Ordinary Annuity of $$1$ table.

View the Future Value of $$1$ table.

View the Future Value of Ordinary Annuity of $$1$ table.

The present value of the bonds at issuance amounts to

of the bonds at issuance. $($Round all currency amounts to the nearest whole dollar.$)$

liew the Present Value of $$1$ table.

View the Present Value of Ordinary Annuity of $$1$ table.

View the Future Value of $$1$ table.

View the Future Value of Ordinary Annuity of $$1$ table.

The present value of the bonds at issuance amounts to