Marigold Corp. has the following securities $($all purchased in $2023)$ in its investment portfolio on December $31,2023$: $2,870$ Anderson Corp. common shares, which cost $$49,077$;$10,100$ Munter Ltd$.$ common shares, which cost $$580,250$; and $6,550$ King Corp. preferred shares, which cost $$255,650.$ Their fair values at the end of $2023$ were as follows: Anderson $$50,530$; Munter $$569,750$; and King $$255,750.$

In $2024,$ Marigold completed the following transactions:

On January $15,$ sold $2,870$ Anderson common shares at $$20$ per share less fees of $$2,140.$

On April $17,$ purchased $1,290$ Castle Ltd$.$ common shares at $$34\mathrm{.}50$ per share plus fees of $$2,030.$

The company adds transaction costs to the cost of acquired investments and deducts them from cash received on the sale of investments. On December $31,2024,$ the fair values per share of the securities were as follows: Munter $$68$; King $$29$; and Castle $$16.$ Marigold's accounting supervisor tells you that all these securities have fair values that can be readily determined, but the company is not likely to actively trade them.Management accounts for them using the FV$-$OCI method without recycling. Any gains or losses are reclassified to Retained Earnings on disposition of the investment. Ignore income taxes.

$($a$)$

Prepare the entries for the sale of the Anderson investment on January $15,2024.($Credit account titles are automatically indented when the amount is entered. Do not indent manuall entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit