Marigold Corp. is about to issue $$278,000$ of $9-$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 $1.$

Table $2$

Table $3$

Table $4$

How much can Marigold expect to receive from the sale of these bonds? $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided, e$.$g$.5\mathrm{.}25471.$ Round answer to $0$ decimal places, e$.$g$.2,525.)$

Marigold can expect to receive

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