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On July 1, year 1, York CO. purchased as a held - to- maturity investment $ 1, 000, 000 of Park, Inc. 's $9' bonds

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On July 1, year 1, York CO. purchased as a held - to- maturity investment $ 1, 000, 000 of Park, Inc. 's $9' bonds for $946,000 Including accrued interest of BAO OOO. The bonds WERE purchased! to yield 109's interest . The bonds mature on January 1 . year's, and pay Interest annually on January 1. York USES the Effective interest method of amortization . In its December 31, WEAT I balance Sheet, What amount should York report as INVESTMENT Fin bonds

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