Pharoah Company is about to issue $253,400 of 10-year bonds paying an 9% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Pharoah expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.)

Pharoah can expect to receive

$