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Sandhill Railroad Co. is about to issue $284,000 of 9-year bonds paying an 9% interest rate, with interest payable annually. T discount rate for such

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Sandhill Railroad Co. is about to issue $284,000 of 9-year bonds paying an 9% interest rate, with interest payable annually. T 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.) In this case, how much can Sandhill expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,52. Sandhill can expect to receive

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