On January 1, 2025, Blossom Co. issued ten-year bonds with a face amount of $3500000 and a stated interest rate of 5% payable annually on January 1. The bonds were priced to yield 9%. Present value factors are as follows: At 5% At 9% Present value of 1 for 10 periods 0.614 0.422 Present value of an ordinary annuity of 1 for 10 periods 7.722 6.418 Cash received from the sale of the bonds was $3360000. $3500000. $3325000. O $2600150. Tov 13