On January 1, 2021 Rare Bird Ltd. purchased 16% bonds dated January 1, 2021. with a face amount of $35 million. The bonds mature in 2031(10 years). For bonds of similar risk and maturity, the market yleld is 12%. Interest is paid semiannually on June 30 and December 31 (FV of S1, PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Determine the price of the bonds at January 1, 2021. (Enter your answer in whole dollars.) Price of the bonds