Simpson, alsen, and eden (technometrics 1975) report the results of trials in which clouds were seeded and the amount of rainfall recorded. the authors report on 26 seeded and 26 unseeded clouds in order of the amount of rainfall, largest amount first. here are two possible tests to study the question of whether cloud seeding works.

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?