Problem 15-4A (Static) Recording, adjusting, and reporting stock Investments with insignificant influence LO P4 [The following information applies to the questions displayed below) Rose Company 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 3,500 shares of Gen Company stock at $24 per share. July 7 Purchased 2,000 shares of PepsiCo stock at $49 per share July 20 Purchased 1,000 shares of Xerox stock at $16 per share. August 15 Received a $1.00 per share cash dividend on the Gen Company stock August 28 Sold 2,000 shares of Gen Company stock at $30 per shart. October 1 Received a $2.58 per share cash dividend on the PepsiCo shares. December 15 Received a $1.00 per share cash dividend on the remaining Gem Company shares. December 31 Received a $1.50 per share cash dividend I the PepsiCo shares. The year-end fair values per share are Gem Company, $26, PepsiCo, $46, and Xerox, $13. 2. Prepare a table to compare the year-end cost and fair values of Rose's short-term stock investments. Comparison of Cost and Fair Values for Stock Investments Portfolio at Year-End Unrealized Cost Fair Value Amount Gem Company PepsiCo Xerox Total $ 0 $ 0