Please put step by step process to find $3,131,285, which is the correct answer.

10 9, Downing Company issues $ 3,000,000, 690, 5-year bonds dated 1, 2012. The bonds issued to yield 5%, what are the proceeds from the bond issue? January 1, 2012 on January pay interest semiannually on June 30 and December 31. The bonds are 2.5% 3.096 5.0% 6.0% Present value of a single sum for-S periods Present value of a single sum for 10 periods Present value of an annuity for 5 periods Present value of an annuity for 10 periods 8626 78353 74409 61391 4645834.5797 4.32948 4.21236 8.75206 8.53020 7.72173 7.36009 74726 88385 78120 55839 A) $3,000,000 3,000, 000 x 0.7120)+ (3,000,000 x 0.0 3) B) $3,129,896 C)) S3,131,285 21st 31 600 3,2U3,b00 ,132,210 + 900, ccc $3,130,385