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View Policies Current Attempt in Progress Crane Company is about to issue $504,000 of 7-year bonds paying an 11% interest rate, with interest payable annually.

View Policies Current Attempt in Progress Crane Company is about to issue $504,000 of 7-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Crane expect to receive for the sale of these bonds? (Round answer to O decimal places, e.g. 2,575.) Crane can expect to receive $

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