Crane Inc issues $784,000 of 5 -year, 9% bonds on January 1, 2024. The bonds pay interest annually. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Calculate the issue price of the bonds using a market rate of 8%. (For calculation purposes, use 5 decimal ploces as displayed in the factor table provided. Round answer to 0 decimal places, eg. 1.575. Issueprice $ Record the bond issue. (List debit entry before credit entry, Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select " No Entry" for the occount titles and enter O for the amounts