Requirement 1. Determine the present value of six-year bonds payable with face value of $83,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) Requirement 2. Same bonds payable as in requirement 1 , but the market interest rate is 16%. (Round intermediary calculations and final answer to the nearest whole dollar.)