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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 8,000 shares of Gem Company stock at $23.75 per share.

July 7 Purchased 4,000 shares of PepsiCo stock at $52.00 per share.

July 20 Purchased 2,000 shares of Xerox stock at $18.00 per share.

August 15 Received a $0.95 per share cash dividend on the Gem Company stock.

August 28 Sold 4,000 shares of Gem Company stock at $30.50 per share.

October 1 Received a $1.60 per share cash dividend on the PepsiCo shares.

December 15 Received a $1.10 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 fair values per share are Gem Company, $26.00; PepsiCo, $49.25; and Xerox, $15.00.

5. 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 foliowing 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 shortterm stock investments with insignificant influence. April 16 Purchased 8,880 shares of Gem Conpany stock at $23.75 per share. July 7 Purchased 4,000 shares of Pepsico stock at $52,00 per share. July 20 Purchased 2, 200 shares of Xerox stock at $18.00 per share. August is Received a $0.95 per share cash dividend on the Gen Company stock. August 28 Sotd 4,000 shares of Gem Company stock at $30.50 per share. october 1 Received a $1.60 per share cash dividend on the Pepsico shares. Decenber 15 Received a $1.10 per share cash dividend on the remaining Gem Conpany shares. December 31 Received a $1.48 per share cash dividend on the Pepsico shares. The year-end fair values per share are Gem Company, \$26.00: Pepsico, \$49.25; and Xerox, \$15.00. 5. Identify the dollar increase or decrease from Rose's 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