Shirley Company issued $2,000,000, 20 year, bonds on April 1st of 2017. The bond

Shirley Company issued $2,000,000, 20 year, bonds on April 1st of 2017. The bonds are dated January 1, 2017. The bonds pay 8% interest. The market rate on April 1st is 8% Required: How much will Shirley receive when the bonds are issued?