On December 31,2020,3570,000 of 13% bonds were issued. The market interest rate at the time of issuance was 15%. The bonds pay interest on June 30 and December 31 and mature in 10 years. Required: Compute the selling price of a single $1,000 bond on December 31,2020 , Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent