On January 1, 2020 Ivanhoe Co. issued five-year bonds with a face value of $810,000 and a stated interest rate of 12% payable semiannually on July 1 and January 1. The bonds were sold to yield 6%. Present value table factors are: Present value of 1 for 5 periods at 6% 0.74726 Present value of 1 for 5 periods at 12% 0.56743 Present value of 1 for 10 periods at 3% 0.74409 Present value of 1 for 10 periods at 6% 0.55839 4.21236 3.60478 Present value of an ordinary annuity of 1 for 5 periods at 6% Present value of an ordinary annuity of 1 for 5 periods at 12% Present value of an ordinary annuity of 1 for 10 periods at 3% Present value of an ordinary annuity of 1 for 10 periods at 6% 8.53020 7.36009 Click here to view factor tables Calculate the issue price of the bonds. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,582.) Issue price of bonds $