Tolan Co Purchased 60, 6% Irick Company Bonds for $60,000 Cash

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 $32,000 less $300 brokerage fees, the entry would include a credit to Gain on Sale of Debt Investments for

A) $2,000.
B) $1,700.
C) $2,300.
D) $1,400.