[Answered] Crane Company purchased bonds with a face amount of $ 1275000 between interest payment dates. Crane purchased the bonds at

Crane Company purchased bonds with a face amount of $ 1275000 between interest payment dates. Crane purchased the bonds at 102, paid brokerage costs of $ 16100, and paid accrued interest for three months of $ 26100. The amount to record as the cost of this long-term investment in bonds is

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