This window shows your responses and what was marked correct and incorrect from your previous attempt. On June 30, 2016, Slick Rocks, Inc., purchased 9,900 shares of Sandstone stock for $22 per share. Management recorded the stock in the avallable-for-sale securities portfolio. The following Information pertains to the price per share of Sandstone stock: 12/31/2016 12/31/2017 12/31/2018 Price $27 24 31 Slick Rocks sold all of the Sandstone stock on February 14, 2019, at a price of $33 per share. Prepare any journal entries that are required by the facts presented in this case. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date General Journal Debit Credit 1 June 30, 2016 Investments in AFS securities 217,800 Cash 217,800 2 Dec 31, 2016 49,500 Investments in AFS securities Net unrealized gains (losses) 49,500 3 Dec 31, 2017 692503 Gain on sale of investments Cash 69.250 Dec 31, 2018 158,300 Investments in AFS securities Net unrealized gains (losses) o 158,300 5 Feb 14, 2019 Investments in AFS securities 3 108,9003 108.900