On January 1, Grogan Corporation issues $1,000,000, 5 year, 12% bonds at 96 with interest payable on July 1 and January 1. Assuming straight-line amortization, the carrying value of the bonds at the end of the third interest period is:

On January 1, Grogan Corporation issues $1,000,000, 5-year, 12% bonds at 96 with interest payable on July 1 and January 1. The carrying value of the bonds at the end of the third interest period is