3 of 5 Required information (The following information applies to the questions displayed below) Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short term stock Investments with insignificant influence April 16 Purchased 6.000 shares of Gem Company stock at $23.25 per share July 7 Purchased 3,000 shares of repaico stock at $53,00 per share. July 20 Purchased 1,500 shares of Xerox stock at 515.00 per share. August 15 Heceived a $0.80 per share cash dividend on the Gem Company stock. August 28 Bold 3,000 shares of Gem Company stock at $30.00 per share. October 1 Received a $1.60 por share cash dividend on the repaico whare. December 15 Received a $0.95 por share cash dividend on the ronnininy Gem Company shares. December 31 Received a $1.20 per share cash dividend on the Popolo share. eBook Print The year end fair values per share are Gem Company, $25.50; PepsiCo $50.25; and Xerox, $12.00 eferences 3. Prepare an adjusting entry to record the year-end fair value adjustment for the portfolio of short-term stock investments, mustment for the portfolio of the comments 2 Journal entry worksheet + . Record the year-end an entry for the resort Chat Dec