On January 1, DEF Corporation issued three-year bonds with a face value of $60,000. The bonds have a stated interest rate of 9 percent. When the bonds were issued, the market interest rate was 8 percent. The bonds pay interest once per year on December 31. Determine the amount that DEF received at issuance. Your answer should be rounded to the nearest full dollar (i.e., no cents). (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1)