Jerrod Company owns the following securities, which it is interested in selling:

Security

Type

Cost

Market Adjustments

Market Price

Monsen Company

Available for sale

$ 4,000

$ 300 increase

$ 5,000

Jensen Company

Trading

7,500

1,000 decrease

5,500

Stic Company

Available for sale

3,200

500 increase

4,000

Larouse Company

Held to maturity

10,000

None

11,000

Prepare the journal entry to record the sale of these securities.