0 Required Information The following Information applies to the questions displayed belowj Rose Company had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available-for-sale securities during 2017 Apr. 16 Purchased 6,000 shares of Gen Co. stock at $24.2 per share plus $340 brokerage fee. May 1Paid $250,000 to buy 3-nonth U.s. Treasury billa (debt securitien) $250,000 principal anoust, 3 July 7 Parehased 3,000 shares of PepaiCo stock at $47.00 per share plus a 9310 brokerage fee. Aog. 1 Received a check for prineipal and acerued interest on the U.S. treasury bille that natured on Tuly interest, securities mature on July 3 20 Purchased 1,500 shares of Xerox stoak at $16.00 per share plas a $390 brokerage fee. 15 Received an $.90 per share eash dividend on the Gen Co. stock. 28 Sold 3,000 shares of Gem Co. stock at $31.00 per share leas a $430 brokerage fee. Oet. 1 Received a $1.90 per share eash dividend on the PepsiCo shares. Dec. 15 Received a$1.05 per share eaah dividend on the remaining Cem o. sharen. 31 Received$1.20 per share cash dividend on the PepsiCo shares. 3. Prepare an adjusting entry, if necessary, to record the year-end fair value adjustment for the portfollio of short-term investments in available-for-sale securities. (Iif no entry is required for a transaction/event, select "No journal entry required" In the first account Prev of 7 Next 898 r 2 3 4 0 0 Required Information The following Information applies to the questions displayed belowj Rose Company had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available-for-sale securities during 2017 Apr. 16 Purchased 6,000 shares of Gen Co. stock at $24.2 per share plus $340 brokerage fee. May 1Paid $250,000 to buy 3-nonth U.s. Treasury billa (debt securitien) $250,000 principal anoust, 3 July 7 Parehased 3,000 shares of PepaiCo stock at $47.00 per share plus a 9310 brokerage fee. Aog. 1 Received a check for prineipal and acerued interest on the U.S. treasury bille that natured on Tuly interest, securities mature on July 3 20 Purchased 1,500 shares of Xerox stoak at $16.00 per share plas a $390 brokerage fee. 15 Received an $.90 per share eash dividend on the Gen Co. stock. 28 Sold 3,000 shares of Gem Co. stock at $31.00 per share leas a $430 brokerage fee. Oet. 1 Received a $1.90 per share eash dividend on the PepsiCo shares. Dec. 15 Received a$1.05 per share eaah dividend on the remaining Cem o. sharen. 31 Received$1.20 per share cash dividend on the PepsiCo shares. 3. Prepare an adjusting entry, if necessary, to record the year-end fair value adjustment for the portfollio of short-term investments in available-for-sale securities. (Iif no entry is required for a transaction/event, select "No journal entry required" In the first account Prev of 7 Next 898 r 2 3 4 0