On January $1,2020,$ Sheridan Company issued eight$-$year bonds with a face value of $$5940000$ and a stated interest rate of $8\%,$ payable semiannually on June $30$ and December $31.$ The bonds were sold to yield $10\%.$ Table values are:

Present value of $1$ for $8$ periods at $8\%$

$0\mathrm{.}540$

Present value of $1$ for $8$ periods at $10\%$

$0\mathrm{.}467$

Present value of $1$ for $16$ periods at $4\%$

$0\mathrm{.}534$

Present value of $1$ for $16$ periods at $5\%$

$0\mathrm{.}458$

Present value of annuity for $8$ periods at $8\%$

$5\mathrm{.}747$

Present value of annuity for $8$ periods at $10\%$

$5\mathrm{.}335$

Present value of annuity for $16$ periods at $4\%$

$11\mathrm{.}652$

Present value of annuity for $16$ periods at $5\%$

$10\mathrm{.}838$

The present value of the principal is

$$ $$2773980.$

$$ $$3207600.$

$$2720520.$

$$3171960.$