Sandhill Co. is about to issue $480,000 of 7-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 $ 1