Suppose list is a one dimensional array of size 25, wherein each component is of type int. Further, suppose that sum is an int variable. The following for loop correctly finds the sum of the elements of list.

sum = 0;

for (int i = 0; i < 25; i++)
sum = sum + list;

True

False

8) If p is a pointer variable, the statement p = p + 1; is valid in C++.

True

False

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?