On January 1, 2014, Acker Inc. had the following balance sheet.

The accumulated other comprehensive income related to unrealized holding gains on available-for-sale securities. The fair value of Acker Inc.s available-for-sale securities at December 31, 2014, was $206,850; its cost was $140,520. No securities were purchased during the year. Acker Inc.s income statement for 2014 was as follows.

Prepare the journal entry to record the sale of the available-for-sale securities in 2014.

Prepare a statement of comprehensive income for 2014.

Prepare a balance sheet as of December 31, 2014.