Question: On March 1 , 2 0 2 0 , a nonprofit organization received a donation of securities worth $ 4 , 5 0 0 .

On March 1,2020, a nonprofit organization received a donation of securities worth $4,500. When it prepared its financial statements at December 31,2020, the securities had a fair value of $5,200. When it sold the securities on June 30,2021, it received $4,600. The entity's accounting procedures call for reporting all unrealized and realized gains and losses in a single account.
How should it record its gains and losses in 2020 and 2021?

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