On January 1, 2018, Tammy Clothing Corporation issued $1,100,000 par value, 5%, 6-year bonds. 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, 2018. The market rate of interest on the date of the bond issue was 6%. Bond issue costs are $100,107. The company's fiscal year ends on December 31. Read the requirements. Requirement a. Determine the issue price of the debt. (Use a financial calculator or a spreadsheet for your calculations. Round your final answer to the nearest whole dollar.) The issue price of the debt is $