On July 1, 2021, Lejune Industries issued $530,000 of 6% bonds, dated July 1. - Interest is payable semiannually on June 30 and December 31. - The bonds mature in 4 years. - Fourier, Inc, purchased the entire bond issue on a date when the market interest rate for bonds of similar risk and maturity was 10%. Caiculate the present value of the interest payments. (Please round answer to the nearest dollar, i.e. $20,666.666 should be entered as 20,667 )