On January $1,2004,$ Bleeker Co$.$ issued eight$-$year bonds with a face value of $$2,000,000$ and a stated interest rate of $6\%,$ payable semiannually on June $30$ and December $31.$ The bonds were sold to yield $8\%.$ Table values are: Present value of $1$ for $8$ periods at $6\%\mathrm{.}627,$ Present value of $1$ for $8$ periods at $8\%\mathrm{.}540,$ Present value of $1$ for $16$ periods at $3\%\mathrm{.}623,$ Present value of $1$ for $16$ periods at $4\%\mathrm{.}534,$ Present value of annuity for $8$ periods at $6\%6\mathrm{.}210,$ Present value of annuity for $8$ periods at $8\%5\mathrm{.}747,$ Present value of annuity for $16$ periods at $3\%12\mathrm{.}561,$ Present value of annuity for. $16$ periods at $4\%11\mathrm{.}652.$

The issue price of the bonds is

$$1,767,120.$

$$1,779,120.$

$$1,999,200.$

$$1,769,640.$