At December 31, 2020, the available-for-sale debt portfolio for Oriole, Inc. is as follows.

Security

Cost

Fair Value

Unrealized

Gain (Loss)

A$18,375$15,750$(2,625)B13,12514,7001,575C24,15026,7752,625Total$55,650$57,2251,575Previous fair value adjustment balanceDr.420Fair value adjustmentDr.$1,155

On January 20, 2021, Oriole, Inc. sold security A for $15,855. The sale proceeds are net of brokerage fees.

Part Athe adjusting entry at December 31, 2020, to report the portfolio at fair value.

Part bthe balance sheet presentation of the investment-related accounts at December 31, 2020.

Part C. the journal entry for the 2021 sale of security A.