At December 31, 2014, Charter Holding Co. owned the following investments in capital stock of publicly traded companies (classified as available-for-sale securities):

		Cost	Current Market Value
Limited Brands, Inc. (5,000 shares: cost, $40 per share; market value, $44)	$	200,000		$	220,000
The Gap, Inc. (4,000 shares: cost, $40 per share; market value, $36)		160,000			144,000
	$	360,000		$	364,000

In 2015, Charter engaged in the following two transactions:

Apr.	10		Sold 1,000 shares of its investment in Limited Brands, Inc., at a price of $45 per share, less a brokerage commission of $100.
Aug.	7		Sold 2,000 shares of its investment in The Gap, Inc., at a price of $35 per share, less a brokerage commission of $150.

At December 31, 2015, the market values of these stocks were: Limited Brands, Inc., $42 per share; and The Gap, Inc., $37 per share.

instructions:

Prepare journal entries to record the transactions on April 10 and August 7.