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what is the selling price of bonds On December 31,2019 , Honey Company issued $1,200,000 of 5% bonds. The market interest rate at the time

what is the selling price of bonds
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On December 31,2019 , Honey Company issued $1,200,000 of 5% bonds. The market interest rate at the time of issusce was 34 , The bonais bay intureit 6n G June 30 and December 31 and mature in 20 years. Required: Compute the selling price of the bonds on December 31,2019 . Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent

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