Cullumber+Company+issues+5150000,+8.0%,+5-year+bonds+dated+January+1+2024,+on+January+1+2024.+Given+the+following+present+value+factors,+what+are+the+proceeds+from+the+bond+issue
a) 4. Future
b) 1. Past
c) 2. Present
d) 3. Intermediate