At December 31, 2017, the available-for-sale debt portfolio for Flounder, Inc. is as follows.

Security		Cost		Fair Value		Unrealized Gain (Loss)
A		$25,375		$21,750		$(3,625	)
B		18,125		20,300		2,175
C		33,350		36,975		3,625
Total		$76,850		$79,025		2,175
Previous fair value adjustment balanceDr.						580
Fair value adjustmentDr.						$1,595

On January 20, 2018, Flounder, Inc. sold security A for $21,895. The sale proceeds are net of brokerage fees.

Prepare the adjusting entry at December 31, 2017, to report the portfolio at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit