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Wildhorse Co. is about to issue $480,000 of 6-year bonds paying an 11% interest rate with interest payable annually. The discount rate for such securities

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Wildhorse Co. is about to issue $480,000 of 6-year bonds paying an 11% interest rate with interest payable annually. The discount rate for such securities is 12% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor fable provided.) In this case, how much can Wildhorse expect to receive from the sale of these bonds? (Round answer to decimal places, s. 2,575.) Wildhorse can expect to receive $

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