On January 18, 2016, Cosmetics for Animals Ltd. sold half of its investment in Pebble Beech Corp. The full investment was reduced to its fair value of $6,000 on December 31, 2015. Cosmetics for Animals received $2,500 less a $300 brokerage fee.
Journalize the entry required on January 18, 2016, to record the sale of this investment.