At December 31, 2013, the available-for-sale equity portfolio for Steffi Graf, Inc. is as follows

Security		Cost		Fair Value		Unrealized Gain (Loss)
A		$25,760		$22,080		$(3,680	)
B		18,400		20,608		2,208
C		33,856		37,536		3,680
Total		$78,016		$80,224		2,208
Previous fair value adjustment balanceDr.						294
Fair value adjustmentDr.						$1,914

On January 20, 2014, Steffi Graf, Inc. sold security A for $22,522. The sale proceeds are net of brokerage fees.

A: Prepare the adjusting entry at December 31, 2013, to report the portfolio at fair value.

B: Show the balance sheet presentation of the investment-related accounts at December 31, 2013

C: Prepare the journal entry for the 2014 sale of security A.