On July 1, 2018, Williams Co. issued 1,200 of its 7%, $1,000 bonds
On July 1, 2018, Williams Co. issued 1,200 of its 7%, $1,000 bonds
at 98 plus accrued interest. The bonds are dated April 1, 2018 and mature on April 1, 2028. Interest is payable semiannually on April 1 and October 1. What amount did Williams receive from the bond issuance?