On January 1, 2017, Crane Corporation purchased311of the $1,000face value,9%,10-year bonds of Walters Inc. The bonds mature on January 1, 2027, and pay interest annually beginning January 1, 2018. Crane purchased the bonds to yield11%. How much did Crane pay for the bonds?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Crane must pay for the bonds

$

How much should Crane record as the cost of the machine?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Cost of the machine to be recorded

$

Crane Corporation wants to withdraw $123,180(including principal) from an investment fund at the end of each year for9years. What should be the required initial investment at the beginning of the first year if the fund earns11%?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Required initial investment

$