Required information [The following information applies to the questians 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. Apri1 16 Furchaned 3,500 mhares of Gen Coopany stoek at 924 per ahare. July 7 parchaned 2,000 mharee of Pepeico wtock at t49 per ehare. tuly 20 purchated 1,000 alaren of Xerox stoek ot $16 per ahare. Auguat is Recelved a $1.00 per nhare eaoh dividend on the cen conpany atock. August 28 sold 2,000 ahares of cen coephny atoek at 130 per thare. Ootober 1 Reeselved a 52.50 per ahare dauh dividend on the bepilCo sharee. Decesber is llecelved a 01.00 per ahare cash dividend on the reainisg Cen coppany thares. Decenter is Received a $1.50 per ahare cash dividend on the Fepeice shares. The year-end fair values per share are Gem Company, \$2.6: PepsiCo, $46; and Xerox, $13. 4. Prepare the current asset section of the balance sheet for the fair value adjustment for Rose's short term investments. Note: Amounts to be deducted should be entered with a minus sign