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The following information pertains to Camp Corp's issuance of bonds on July 1: Face amount Term Stated interest rate Interest payment dates Yield (discount rate)

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The following information pertains to Camp Corp's issuance of bonds on July 1: Face amount Term Stated interest rate Interest payment dates Yield (discount rate) Issue costs $6000 10 years 696 Annually on July 1 996 $70 At 696 0.55839 At 9% Present value of 1 for 10 periods 0.42241 Present value of ordinary annuity of 1 for 10 periods 7.36009 6.41766 How much did Camp Corp. receive as issue proceeds? (Round to the nearest whole dollar Type your

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