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On January 1, 2023, Marin Inc issued $590,000 of 5-year, 5% bonds to yield a market interest rate of 6%. Interest is paid every quarter

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On January 1, 2023, Marin Inc issued $590,000 of 5-year, 5% bonds to yield a market interest rate of 6%. Interest is paid every quarter on January 1, April 1, July 1, and October 1. Marin has a calendar year end. After recording the December 31,2024 , accrual for quarterly interest, and making the payment on January 1, 2025, all the bonds were redeemed at 102. (a) Use Excel or a financial calculator to determine how much the company received from the sale of these bonds. (Round answer to 0 decimal places, es. 5,276.) Amount received $

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