On January 1, 2013, Zebra Corporation issued 1,200 of its 8%, $1,000 bonds at 97.7. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2023. Zebra paid $53,000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond carrying value reported in the December 31, 2013, balance sheet?

Please show work.