On January 1, 2024, Bishop Company Issued 6% bonds dated January 12024, with a face amount of $28 million. The bonds mature 2034 (10 years)For bonds of similar risk and maturity, the market yield is 8Interest is paid semiannually on June 30 and December 31 Required: Determine the price of the bonds on January 1, 2024 Note: Use tables, Excel, or financial calculatorEnter your answer in whole dollars. (of of 1EVA of 1PVA of 1 EVAD 1 and PVAD of of the bonds