On January 1, 2018, Smart Incorporated issued $1,530,000 par value, 3%, 7-year bonds (ie, there were 1,530 of $1,000 par value bonds in the issue). Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1. Determine the issue price of the bonds based on a 4% market rate of interest. Prepare the amortization table for the first 2 years assuming that Smart uses the effective interest rate method. (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) Determine the issue price of the bonds. (Use the present value and future value tables, the formula method, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XXOOX. Round your final answer to the nearest whole dollar.) The issue price of the bords is $