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Deutsche Corporation's trading portfolio at the end of the year is as follows: Investment Cost Market Value Common Stock A $16,000 $18,000 Common Stock B

Deutsche Corporation's trading portfolio at the end of the year is as follows:

Investment Cost Market Value

Common Stock A $16,000 $18,000

Common Stock B 13,000 7,000

$29,000 $25,000

Deutsche subsequently sells Common Stock B for $17,000. What entry is made to record the sale?

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