On December 31, 2017, 5840,000 of 11% bonds were issued. The market interest rate at the time of issuance was 12%. The bonds pay interest on June 30 and December 31 and mature in 20 years Required: Compute the selling price of a single $1,000 bond on December 31, 2017. Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent. Selling price of bonds: XS