A $1,000 bond, with interest at 8 % on January 1 and July 1, was purchased on September 30 at 97 plus accrued interest. Compute the entire purchase cost of the bond. (Assume a 360-day year, a commission of $5 per bond, and not a leap year.)

Group of answer choices $978.51 $996.72 $996.49 $948.51