Problem d on July 15, 2012,400 shares of Rome Company $720 par value capital , 20 stock at $698.40 Company are plus a broker's commission of S1,728. On August 1,2012, Paris at $756 per share les is Company idend of $8.64 per share. On November 3, 2012, it sold 200 of these shares On August 1,2012, Par less a broker's c ommission of $1,152. On December l2 hare 1,2012, Rome Company rising a 100% stock dividend declared on its capital stock on November 18. 012, the end of Paris Company's calendar-year accounting period, the tation for Rome Company's common stock was $331.20 per share. The decline was market quotation considered to be temporary are journal entries to record last entry appear in the financial statements? mpoappconourp all ofthese data assuming the securities are considered investments classified as trading securities. Where should the accounts in the a. Prep b. Assume Rome Company has become a major customer so the shares are held for long-term affiliation purposes. Indicate how the investment should be shown in the balance sheet