Rice Co. holds $50,000 of equity securities with insignificant influence. At the end of the year, Rice determined that the fair value of these securities is $54,000. The entry that Rice will make to reflect this change in value will include a debit to _______ and a credit to _______ in the amount of $4,000.
1) Equity Securities, Fair Value
2) Cash, Equity Securities
3) Equity Securities, Cash
4) Fair Value, Equity Securities