At December 31, 2020, the available-for-sale debt portfolio for Blue, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A $20,125 $17,250 $(2,875 ) B 14,375 16,100 1,725 C 26,450 29,325 2,875 Total $60,950 $62,675 1,725 Previous fair value adjustment balanceDr. 460 Fair value adjustmentDr. $1,265 On January 20, 2021, Blue, Inc. sold security A for $17,365. The sale proceeds are net of brokerage fees.

(a) Prepare the adjusting entry at December 31, 2020, 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