Qualitative data qualitative data cannot be used to support or disprove hypotheses can be acquired in the detailed examination of personal interviews or observations have variables that may not have been properly manipulated cannot be replicated are data that are expressed as numbers and tested using statistics

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?