GL1501 (Algo) - Based on Problem 15-4A LO P4 Twist 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 Purchased 5,000 shares of Lafayette Company stock at $26 per share. July 7 July 20 August 15 Purchased 3,500 shares of CVF Company stock at $51 per share. Purchased 1,600 shares of Green Company stock at $18 per share. Received an $1.20 per share cash dividend on the Lafayette Company stock. Sold 3,000 shares of Lafayette Company stock at $29 per share. October 1 Received a $3.30 per share cash dividend on the CVF Company shares. Received a $1.40 per share cash dividend on the remaining Lafayette Company shares. December 31 Received a $2.70 per share cash dividend on the CVF Company shares. Requirement General Journal General Ledger Trial Balance Fair Value Adj Transaction Analysis Fin St Impact The year-end fair values per share are: Lafayette Company, $27.00; CVF Company, $49.50; and Green Company, $15.00. Calculate the total cost and total fair value of the available-for-sale portfolio as of December 31, and calculate the amount of the required year-end adjusting entry, if any.