Eastport inc. was organized on june 5, 2018. it was authorized to issue 460,000 shares of $12 par common stock and 40,000 shares of 5 percent cumulative class a preferred stock. the class a stock had a stated value of $20 per share. the following stock transactions pertain to eastport inc.: issued 20,000 shares of common stock for $17 per share. issued 7,000 shares of the class a preferred stock for $25 per share. issued 59,000 shares of common stock for $20 per share.

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?