On January 1, 2018, Crane Company issued its 9% bonds in the face amount of $7900000, which mature

On January 1, 2018, Crane Company issued its 9% bonds in the face amount of $7900000, which mature on January 1, 2028. The bonds were issued for $9050000 to yield 7%, resulting in bond premium of $1150000. Crane uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31.
At December 31, 2018, Crane's adjusted unamortized bond premium should be