Riverbed Ltd. has a single investment that it accounts for using FV-OCI. The carrying value of the investment at the last reporting period was $71,300. To date, $2,240 of unrealized gains on fair value adjustments have been recorded to other comprehensive income. The original cost of the investment is therefore $69,060. On June 15, when the market value of the investment is $71,860, Riverbed sold the investment. Using the three-step approach, record the sale and reclassification (recycling) entry at June 15, assuming the investment is an equity investment and the company reclassifies gains or losses to Retained Earnings on disposition of the investment.(Credit account titles are automatically indented when the 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.)

?

Account Titles and Explanation Debit Credit (To adjust to fair value at date of disposal) (To record disposal) (To reclassify holding gain)