At December 31, 2020, the available-for-sale debt portfolio for Teal, Inc. is as follows. Security Cost Fair Value $21,000 $18,000 15.000 16,800 27,600 30,600 Total $63,600 $65,400 Previous fair value adjustment balance- Dr. Fair value adjustment-Dr. Unrealized Gain (Loss) $(3,000) 1.800 3,000 1,800 480 $1,320 On January 20, 2021, Teal, Inc. sold security A for $18,120. The sale proceeds are net of brokerage fees. On January 20, 2021, Teal, Inc. sold security A for $18,120. The sale proceeds are net of brokerage fees. 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 for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Show the balance sheet presentation of the investment-related accounts at December 31, 2020. (Do not leave any answer field blank. Enter for amounts.) TEAL, INC Balance Sheet $ > $ Prepare the journal entry for the 2021 sale of security A. (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 for the amounts.) Date Account Titles and Explanation Jan 20, 2021 Debit Credit