Sunland Company is about to issue $309, 200 of 10-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 12%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Sunland expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2, 525.)