Hollingsworth is a retail company that is planning to release a new line of luxury personal care products. timothy banes, the marketing manager, recently presented the marketing strategy for this new line of products titled "comfort." the managers are now reviewing the sales, costs, and profit projections for the new products to find out whether they satisfy the company's objectives. the managers are conducting a at this stage.

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?