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

Security		Cost		Fair Value		Unrealized Gain (Loss)
A		$26,250		$22,500		$(3,750	)
B		18,750		21,000		2,250
C		34,500		38,250		3,750
Total		$79,500		$81,750		2,250
Previous fair value adjustment balanceDr.						600
Fair value adjustmentDr.						$1,650

On January 20, 2021, Wildhorse, Inc. sold security A for $22,650. The sale proceeds are net of brokerage fees.

(c)

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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 20, 2021