Question 48 (25 points) Stone Corporation reported the following transactions/events: Jan 1 Purchased 900 Rock Corporation Shares for $24 Cash each. June 1 Received cash dividends of $0.50 per share on Rock Corporation shares. Sept. 15 Sold 400 Shares of Rock Corporation for $10,000($25. Each). Dec. 1 Received cash dividends of $0.75 per share on Rock Corporation shares. Dec. 31 Rock Reported Net Income of $10,000 and its shares were trading at $27. Each. Instructions: Question 48 (25 points) Stone Corporation reported the following transactions/events: Jan 1 Purchased 900 Rock Corporation Shares for $24 Cash each. June 1 Received cash dividends of $0.50 per share on Rock Corporation shares. Sept. 15 Sold 400 Shares of Rock Corporation for $10,000($25. Each). Dec. 1 Received cash dividends of $0.75 per share on Rock Corporation shares. Dec. 31 Rock Reported Net Income of $10,000 and its shares were trading at $27. Each. Instructions