Sunshine Financial buys and sells securities which it classifies as available-for-sale. On July 1, 2021, S&L purchased Coca-Cola bonds at par for $55,000. On December 31, 2021, the bonds had a fair value of $59,000. On December 31, 2022, the bonds had a fair value of $58,000. On January 3, 2023, sold the bonds for $58,500. Prepare all necessary journal entries on January 3, 2023.