Relaxation, Inc. is authorized to issue 5%, 10-year bonds payable. On January 1, 2016, when the market interest rate is 6%, the company issues $600,000 of the bonds. The bonds pay interest semiannually. (Click the icon to view the Present Value of $1 table Click the icon to view the Present Value of Annuity of SI table Click the icon to view the Future Value of $1 table Cick the icon to view the Future Vue ofAnnuity ofSt table Read the requirements Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round all numbers to the nearest whole dollar.) Upon issuance of the bonds payable, the company received d s