On January 1, 2020, Love Corporation purchased 333 of the $1,000 face value, 10%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Waterway purchased the bonds to yield 11%. How much did Waterway pay for the bonds? (Round factor values to 5 decimal places, e.g. 9.25124 and final answer to 0 decimal places, e.g. 958,581.)

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Love Corporation bought a new machine and agreed to pay for it in equal annual installments of $5,280 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Waterway record as the cost of the machine? (Round factor values to 5 decimal places