At December 31, 2020, the available-for-sale debt portfolio for Nash, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A $27,125 $23,250 $(3,875) B 19,375 21,700 2,325 C 35,650 39,525 3,875 Total $82,150 $84,475 2,325 Previous fair value adjustment balance-Dr. 620 Fair value adjustment-Dr. $1,705 On January 20, 2021, Nash, Inc. sold security A for $23,405. 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 O for the amounts.) Account Titles and Explanation eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 5 used Submit Answer