On January 1, 2018, Mania Enterprises issued 15% bonds dated January 1, 2018, with a face amount of $32 million. The bonds mature in 2027 (10 years). For bonds of similar risk and maturity, the market yield is 14 % Interest is pald semiannually on June 30 and December 31. (EV of $1. PV of $1. FVA of $1 PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Determine the price of the bonds at January 1, 2018. (Enter your answer in whole dollars.) Price of the bonds