Sheridan Company issues $$5080000,6\mathrm{.}0\%,5-$year bonds dated January $1,2024$ on January $1,2024.$ The bonds pay interest semiannually on June $30$ and December $31.$ The bonds are issued to yield $5\mathrm{.}0\%.$ Given the following present value factors, what are the proceeds from the bond issue?

$\backslash$table$[[,2\mathrm{.}5\%,3\mathrm{.}0\%,5\mathrm{.}0\%,6\mathrm{.}0\%$