Adjusted- Change in Change in equity As a direct As a Total assets component of component of Total change stockholders'in equity net income equity Apr. 16) Purchased 6,500 shares of Kohler Co. stock at $29 per share plus a $650 brokerage fee May. 1) Paid $200,000 to buy 91-day U.S. Treasury bills (debt securities): $200,000 principal amount, 8% interest, securities dated May 1 Jul. 7) Purchased 4,500 shares of JCW Co. stock at $54 per share plus a $900 brokerage fee Jul. 20) Purchased 2,000 shares of Ontario Co. stock at $21 per share plus a $400 brokerage fee Aug. 1) Recived a check for principal and accrued interest on the U.S. Treasury bills that matured on July 31 Aug. 15) Received an $1.40 per share cash dividend on the Kohler Co stock Aug. 28) Sold 3,900 shares of Kohler Co. stock at $32 per share less a $780 brokerage fee Oct. 1) Received a $4.40 per share cash dividend on the JCW Co shares Dec. 15) Received a $1.70 per share cash dividend on the remaining Kohler Co. shares Dec. 31) Received a $3.80 per share cash dividend on the JCW Co. shares Dec. 31) Adjusted the securities to year-end fair value Totals Fin St Impact > Fair Value Ad of 5 CH 15 Homework -GRADED Saved Help Save & Exit Submit Check my work 5 GL1501-Based on Problem 15-2A LO P3 Porter Corp. had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in 2 points available-for-sale securities during 2017. Apr 16 Purchased 6,500 shares of Kohler Co. stock at $29 per share plus a $650 brokerage fee. 03:1811 May 1 Paid $200,000 to buy 3-month u.s. Treasury bills (debt securities): $200,000 principal amount, 8% interest, July 7 Purchased 4,500 shares of JCW Co. stock at $54 per share plus a $900 brokerage fee Aug. Received a check for principal and accrued interest on the U.S. Treasury bills that matured on July 31 securities mature on July 31 20 Purchased 2,000 shares of Ontario Co. stock at $21 per share plus a $400 brokerage fee 15 Received an $1.40 per share cash dividend on the Kohler Co. stock eBook Ask Print 28 Sold 3,900 shares of Kohler Co. stock at $32 per share less a $780 brokerage fee Oct. 1 Received a $4.40 per share cash dividend on the JCW Co. shares Dec. 15 Received a $1.70 per share cash dividend on the remaining Kohler Co. shares. 31 Received a $3.80 per share cash dividend on the JCW Co. shares. Transaction Fin St Impact General Ledger General ournal Requirement Trial Balance Fair Value Adj Analysis For each transaction, indicate the change, if any, in total assets and total equity. If equity changes, indicate whether the change was reflected as a component of net income, or directly within the stockholders' equity portion of the balance sheet. Remember that the change in total assets must agree with the change in total equity Prove the accuracy of your responses on the Transaction Analysis tab by selecting the account titles reported on the income statement or as a component of stockholders' equity. Adjustedv On the transaction analysis tab, you indicated that total income changed by Select the income statement account balances that prove this amount: Short-term investments AFS (Kohler) Cash 848,040 S 848,040 $848,040 Total net income On the transaction analysis tab, you indicated that total stockholders's equity changed by: Select the stockholders' equity account balance that proves this amount: Transaction Analysis Adjusted- Change in Change in equity As a direct As a Total assets component of component of Total change stockholders'in equity net income equity Apr. 16) Purchased 6,500 shares of Kohler Co. stock at $29 per share plus a $650 brokerage fee May. 1) Paid $200,000 to buy 91-day U.S. Treasury bills (debt securities): $200,000 principal amount, 8% interest, securities dated May 1 Jul. 7) Purchased 4,500 shares of JCW Co. stock at $54 per share plus a $900 brokerage fee Jul. 20) Purchased 2,000 shares of Ontario Co. stock at $21 per share plus a $400 brokerage fee Aug. 1) Recived a check for principal and accrued interest on the U.S. Treasury bills that matured on July 31 Aug. 15) Received an $1.40 per share cash dividend on the Kohler Co stock Aug. 28) Sold 3,900 shares of Kohler Co. stock at $32 per share less a $780 brokerage fee Oct. 1) Received a $4.40 per share cash dividend on the JCW Co shares Dec. 15) Received a $1.70 per share cash dividend on the remaining Kohler Co. shares Dec. 31) Received a $3.80 per share cash dividend on the JCW Co. shares Dec. 31) Adjusted the securities to year-end fair value Totals Fin St Impact > Fair Value Ad of 5 CH 15 Homework -GRADED Saved Help Save & Exit Submit Check my work 5 GL1501-Based on Problem 15-2A LO P3 Porter Corp. had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in 2 points available-for-sale securities during 2017. Apr 16 Purchased 6,500 shares of Kohler Co. stock at $29 per share plus a $650 brokerage fee. 03:1811 May 1 Paid $200,000 to buy 3-month u.s. Treasury bills (debt securities): $200,000 principal amount, 8% interest, July 7 Purchased 4,500 shares of JCW Co. stock at $54 per share plus a $900 brokerage fee Aug. Received a check for principal and accrued interest on the U.S. Treasury bills that matured on July 31 securities mature on July 31 20 Purchased 2,000 shares of Ontario Co. stock at $21 per share plus a $400 brokerage fee 15 Received an $1.40 per share cash dividend on the Kohler Co. stock eBook Ask Print 28 Sold 3,900 shares of Kohler Co. stock at $32 per share less a $780 brokerage fee Oct. 1 Received a $4.40 per share cash dividend on the JCW Co. shares Dec. 15 Received a $1.70 per share cash dividend on the remaining Kohler Co. shares. 31 Received a $3.80 per share cash dividend on the JCW Co. shares. Transaction Fin St Impact General Ledger General ournal Requirement Trial Balance Fair Value Adj Analysis For each transaction, indicate the change, if any, in total assets and total equity. If equity changes, indicate whether the change was reflected as a component of net income, or directly within the stockholders' equity portion of the balance sheet. Remember that the change in total assets must agree with the change in total equity Prove the accuracy of your responses on the Transaction Analysis tab by selecting the account titles reported on the income statement or as a component of stockholders' equity. Adjustedv On the transaction analysis tab, you indicated that total income changed by Select the income statement account balances that prove this amount: Short-term investments AFS (Kohler) Cash 848,040 S 848,040 $848,040 Total net income On the transaction analysis tab, you indicated that total stockholders's equity changed by: Select the stockholders' equity account balance that proves this amount: Transaction Analysis