Following is a list of investments owned by Ivanhoe Ltd., as of the companys year-end, December 31, 2020:

Investment		No. Shares		Cost		Fair Value
HFX Corporation		900		$9.00		$8.00
FDY Ltd.		2,400		6.80		6.85
CTN Corporation		3,400		6.10		6.80

On January 15, 2021, Ivanhoe sold the shares in CTN Corporation for $7.25 per share. Prepare the journal entries required to record the sale, assuming the company uses the fair value through other comprehensive income without recycling method. (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. 15, 2021
	(To adjust to current fair value)
	(To record the sale of shares)
	(Reclassification unrealized gain)

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