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Splish Corporation, having recently issued a $ 2 0 , 0 7 5 , 7 0 0 , 1 5 - year bond issue, is

Splish Corporation, having recently issued a $20,075,700,15-year bond issue, is committed to make annual sinking fund deposits of $625,000. The deposits are made on the last day of each year and yield a return of 10%.
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Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places, e.g.458,581.)
Deficiency $
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