On January 1, Kanbe, Inc. issued a 10-year semiannual bond with a face value of $1,225,000 that pays 4.0% interest. On the date of issue, the market for similar bonds was 7.0% How much was Kanbe able to raise from issuing this bond? For numerical entries, please 1. do NOT enter commas 2. do NOT enter the dollar symbol: $ 3. DO enter the percent symbol when it is needed: % 4. enter dollar amounts to the nearest cent, for example: 12345.67 Please complete the TVM Framework table to compute the amount that Kanbe was able to raise by issuing this bond. Time Value of Money (TVM) Framework 7.0 C n PV PMT FV type CPT 1 10 4.0 20