Kemper Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2015 at a cost of $1,181,300. At December 31, 2014, the raw materials to be purchased have a market value of $979,300. In 2015, Kemper paid $1,181,300 to obtain the raw materials which were worth $979,300. Prepare the entry to record the purchase.