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Sheridan Railroad Co. is about to issue $310,000 of 6 -year bonds paying an 12% interest rate, with interest payable annually, The discount rate for

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Sheridan Railroad Co. is about to issue $310,000 of 6 -year bonds paying an 12% 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 Sheridan expect to receive for the sale of these bonds? (Round answer to O decimal places, eg. 2,525.) Sheridan can expect to receive $

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