Sandhill Co. is about to issue $392,000 of 8-year bonds paying an 11% interest rate, with interest payable annually. 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 Sandhill expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.)

Sandhill can expect to receive?