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Sandhill Railroad Co. is about to issue $252,000 of 7-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for

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Sandhill Railroad Co. is about to issue $252,000 of 7-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 12% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Sandhill expect to receive from the sale of these bonds? (Round answer to O decimal places, e.g. 2,525) Sandhill can expect to receive

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