At December 31, 2014, the available-for-sale equity portfolio for XYZ Corp. is as
December 31, 2013, securities fair value adjustment balance-Dr. 5,400
On January 20, 2015, XYZ sold stock-A for $31,100. The sale proceeds are net of brokerage fees.
Prepare the adjusting entry at December 31, 2014, to report the portfolio at fair value.