On January 1, 2022, Crane Industries Inc. issued a $85,000,6% bond due in 10 years with interest payable each January 1 and July 1. The effective interest rate is 7%. Click here to view factor tables. Your answer is partially correct. Determine the discount or premium on the bond. (For calculation purposes, round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) on the bond $