Identify the dollar increase or decrease from Roses short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end.

Required Information [The following information applles to the questions displayed below.] Rose Company had no short-term Investments prlor to this year. It had the following transactlons this year Involving shortterm stock Investments with Insignificant Influence. April 16 Purchased 10,000 shares of Gem Company stock at $27.75 per share. July 7 Purchased 5,000 shares of Pepsico stock at $53.00 per share. July 20 Purchased 2,500 shares of Xerox stock at $16.00 per share. August 15 Received a $0.80 per share cash dividend on the Gem company stock. August 28 sold 5,000 shares of Gem Company stock at $34.50 per share. October 1 Received a $1.60 per share cash dividend on the Pepsico shares. December 15 Received a $0.95 per share cash dividend on the remaining Gem company shares. December 31 Received a $1.40 per share cash dividend on the Pepsico shares. The year-end falr values per share are Gem Company, $30.00; PepsiCo, $50.25; and Xerox, $13.00. \begin{tabular}{|l|l|l|} \hline & Amount & Increase or Decrease \\ \hline (a) Income statement for this year & & \\ \hline (b) The equity section of its balance sheet at this year-end & & \\ \hline \end{tabular}