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

Security		Cost		Fair Value		Unrealized Gain (Loss)
A		$18,375		$15,750		$(2,625	)
B		13,125		14,700		1,575
C		24,150		26,775		2,625
Total		$55,650		$57,225		1,575
Previous fair value adjustment balanceDr.						420
Fair value adjustmentDr.						$1,155

On January 20, 2018, Tamarisk, Inc. sold security A for $15,855. The sale proceeds are net of brokerage fees. TamariskInc. reports net income in 2017 of $126,000 and in 2018 of $147,000. Total holding gains (including any realized holding gain or loss) equal $42,000 in 2018.

TAMARISK, INGC Statement of Comprehensive Income For the Year Ended December 31, 2018 Net Income 147000 Other Comprehensive Income Holding Gains 42000 Add Reclassification Adjustment for Loss Included in Net Income Comprehensive Income Accumulated Other Comprehensive Income Beginning Balance, January 1, 2018 1155 Current Period Other Comprehensive income 42000 Amount Reclassified from Accumulated Other Comprehensive Income Unrealized Holding Gain Ending Balance, December 31, 2018