On June 30, 2016, Slick Rocks, Inc., purchased 10,200 shares of Sandstone stock for $16 per share. Management recorded the stock in the available-for-sale securities portfolio. The following information pertains to the price per share of Sandstone stock:

Price

12/31/2016 $ 21

12/31/2017 $18

12/31/2018 $25

Slick Rocks sold all of the Sandstone stock on February 14, 2019, at a price of $27 per share.

Prepare any journal entries that are required by the facts presented in this case.