Solve Please Step by step (ASAP)

Sanser Corporation's trading portfolio at the end of the year is as follows: Security Cost Fair Value Common Stock C $10,000 $12,000 Common Stock D 8,000 5,000 $18.000 $17,000 Sanser subsequently sells Stock C for $12,000. What entry is made to record the sale? a. Cash .......... 12,000 Stock Investments 12,000 b. Cash ...... 12,000 Fair Value Adjustment Trading 2,000 Stock Investments .... 10,000 C. Cash ......... 12,000 Stock Investments 10,000 Gain on Sale of Stock Investments..... 2,000 d. Cash ......... 12,000 Stock Investments 6,000 Gain on Sale of Stock Investments........ 6,000