Stealth Fitness Center issues $7\%,8-$year bonds with a face amount of $$200,000.$ The market interest rate for bonds of similar risk and maturity is $6\%.$ Interest is paid semiannually.

At what price will the bonds be issued? Use Table $2$ and Table $4.($Round $"$PV Factor" to $5$ decimal places. Round other intermediate calculations and final answer to the nearest dollar amount.$)$