On January $1,$ a company issues bonds dated January $1$ with a par value of $$400,000.$ The bonds mature in $3$ years. The contract rate is $7\%,$ and interest is paid semiannually on J$$ne $30$ and December $31.$ The market rate is $6\%.$ Using the present value tables below, the issue $($selling$)$ price of the bonds is:

PV of $$1$darr

PV of annuity of $$1$darr

$$400,000$

$$410,832\mathrm{.}66$

$$415,358\mathrm{.}96$

$$389,167\mathrm{.}44$