Tolan Co. purchased 60, 6% Irick Company bonds for $60,000 cash plus brokerage fees of $600. Interest is payable semiannually on July 1 and January 1. If 30 of the securities are sold on July 1 for $31,300 less $300 brokerage fees, the entry would include a credit to Gain on Sale of Debt Investments for $1,000 $700. $1,300 $400