Current Attempt in Progress Your answer is incorrect Flint Inc. manufactures cycling equipment Recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. After a careful evaluation of the request, the board of directors has decided to raise funds for the new phant by tssuing \$3,492.700 of 10% term corporate bonds on March 1, 2025, due on March 1.2040 with interest payable each March 1 and September 1 . At the time of issuance, the market interest rate for similar financial instruments is 8%. Clickhere to view factor tables. As the controller of the company, determine the selling price of the bonds (Round factor volues to 5 decimal places, es, 1.25124 and final answer to o decimol places, es, 458,581.)