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Bank holds $6,000,000 in 1-4 Family Residential Mortgage loans for sale. The current Fair Value as of March 31 was determined to be $5,800,000

Bank holds $6,000,000 in 1-4 Family Residential Mortgage loans for sale. The current Fair Value as of March 31 was determined to be $5,800,000 with an estimated cost to sell of $150,000. What journal entry would be made to ensure appropriate reporting for the Call Report for 3/31?

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