Question: Current Attempt in Progress Crane Company purchased bonds with a face amount of $ 1 2 7 5 0 0 0 between interest payment dates.

Current Attempt in Progress
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
$1316600.
$1300500.
$1275000.
$1342700.
 Current Attempt in Progress Crane Company purchased bonds with a face

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