i Transactions Gutierrez Corporation reported the following amounts on its balance sheet at the start of the year Short term Investments 5 104.000 Investments in significantly influenced and other companies 19,000,000 Assume that Gulere Corporation completed the following investment transactions during 2020 Required - X Mar 2 Purchased 2,000 common shares as a short-term investment, paying 538 50 por share plus brokerage commission of $1,075. 5 Purchased additional shares in an associated company at a cost of $1,700,000 Commissions on the purchase were $31,000. Jul 21 Received the semiannual cash dividend of $2.10 per share on the short-term investment purchased March 2 Aug 17 Received a cash dividend of $200,000 from an associated company Oct 16 Sold 1,900 shares of the short-term investment (purchased on March 2) for $38.00 per share, less brokerage commission of 5400 Nov 8 Purchased short-term investments for $360,000 plus brokerage commission of $5,250 17 Received a cash dividend of $320.000 from an associated company Dec 31 Received annual reports from associated companies. Their total net income for the year was $7,600,000. Of this amount. Gutierrez's proportion is 22 percent 1. Record the transactions in the general journal of Gutierrez Corporation 2 Post entries to the Equity Investments T-account and determine is balance at December 31, 2020 3. Assume the beginning balance of Short-Term Investments was cost of $104.000 Post entries to the Short-Term Investments T-account and determine its balance at December 31, 2020 4. Assuming the market value of the short-term investment portfolio is $500,000 at December 31, 2020. show how Gutierrez Corporation would report short-term investments and investments in associated companies on the ending balance sheet (No journal entry is required.) plus broke