On January 1, Rix Company issued $1,000,000 par value, 4\%, 5-year bonds (Le, there were 1,000 of $1,000 par value bonds in the issue). Interest is payable semiannually oach January 1 and de 1 With the first interest payment due at the end of the period on July 1. Rix paid $4,000 in underwiting fees. Dotermine the issue price of the bonds with a 6. market rate of interest and prepure the foumal entry to recond the bond issue. Euture Yalue of 51 table Euture Value of an Ond nary. Annusy sable Euture Value of an Annuty Due table Present Value of 51 table Present Yalue of an Oedinary Annuly table Present Yalue of an Acnuay Due table Desormine the issue price of the bonds. (Use the present value and future valive tables, the formula method, a financial calculatoc, or a spreadsheet for your calculibons. if using presert and futire The issue price of the boniss =