Sandhill Co. issues a 12%, 7-year mortgage note on January 1, 2022, to obtain financing for new equipment Land is used as collateral for the note. The terms provide for semiannual installment payments of $51.000, Click here to view the factor table, (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What are the cash proceeds received from the issuance of the note? (Round answer to 2 decimal places, eg. 25.25) Sandhill Co. should receive