DE 16-4 Return to page 625, the example of Intel Corporation's short-term trading invest- ment in Ford Motor Company stock. 1. How much did Intel pay for the short-term investment in Ford stock? Stated differently. what was Intel's cost of the Ford stock? 2. A1 December 31, 20X5, what was the current market value of Intel's short-term invest- ment in Ford stock? 3. Suppose the Ford stock had increased in value to $30,000 on December 31, 20X5. Give Intel's adjusting entry at December 31, and show how Intel would report the short-term investment on its balance sheet.