Pharoah Company issues $$24500000,6\mathrm{.}0\%,5$ year bonds dated January $1,2024$ on January $1,2024.$ The bonds pay

interest semiannually on June $30$ and December $31.$ The bonds are issued to yield $5\mathrm{.}0\%.$ Given the following present

value factors, what are the proceeds from the bond issue?