CVF Corporation 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 July 7 July 20 August 15- Purchased 4,500 shares of Twinings Company stock at $28 per share. Purchased 3,000 shares of Zephyr Company stock at $53 per share. Purchased 1,400 shares of Homer Company stock at $20 per share. Received an $1.10 per share cash dividend on the Twinings Company stock.. Sold 2,700 shares of Twinings Company stock at $31 per share. Received a $4.20 per share cash dividend on the Zephyr Company shares.. August 28 October 1 December 15 Received a $1.30 per share cash dividend on the remaining Twinings Company shares. December 31 Received a $3.60 per share cash dividend on the Zephyr Company shares. Requirement General Journal General Ledger Trial Balance Fair Value Adj Financial Statement Impact tab titles that report the total change in Transaction Analysis General Journal tab - Prepare the required journal entries for each of the transactions of CVF Corporation for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio. General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs. Fair Value Adjustment tab Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value. Transaction Analysis tab For each transaction, indicate the total impact on assets and equity. If equity changed, indicate whether the change was a component of income or a direct component of stockholders' equity. < Requirement Fin St Impact Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account income and equity.. General Journal > Purchased 4,500 shares of Twinings Company stock at $28 per share. Purchased 3,000 shares of Zephyr Company stock at $53 per share. Purchased 1,400 shares of Homer Company stock at $20 per share. April 16 July 7 July 20 August 15 August 28 Received an $1.10 per share cash dividend on the Twinings Company stock. Sold 2,700 shares of Twinings Company stock at $31 per share. October 1 Received a $4.20 per share cash dividend on the Zephyr Company shares. December 15 Received a $1.30 per share cash dividend on the remaining Twinings Company shares. December 31 Received a $3.60 per share cash dividend on the Zephyr Company shares. Ledger Journal General Journal tab - Prepare the required journal entries for each of the transactions of CVF Corporation for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio. General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs. Fair Value Adjustment tab - Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value. Transaction Analysis tab For each transaction, indicate the total impact on assets and equity. If equity changed, indicate whether the change was a component of income or a direct component of stockholders' equity.. Financial Statement Impact tab - Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account titles that report the total change in income and equity.