On January 1,2022 , Corporation issued $3,800,000 par value 9%,9-year bonds which pay interest each December 31 . If the market rate of interest was 11%, what was the issue price of the bonds? (The present value factor for $1 in 9 periods at 9% is 0.4604 and at 11% is 0.3909. The present value of an andity $1 factor for 9 periods at 9% is 5.9952 and at 11% is 5.5370.) 3,379,0743,800,0003,642,5504,255,639