! Required information [The following information applies to the questions displayed below.) Rose Company had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available for sale securities during 2017, Apr. 16 Purchased 8,000 shares of Gem Co. stock at $26.00 per share plus a $420 brokerage fee. May 1 Paid $160,000 to buy 3-month u.s. Treasury bills (debt securities): $160,000 principal amount, 31 interest, securities mature on July 31. July 7 Purchased 4,000 shares of PepsiCo stock at $53.00 per share plus a $390 brokerage fee. 20 Purchased 2,000 shares of Xerox stock at $17.00 per share plus a $470 brokerage fee. Aug. Received a check for principal and accrued interest on the u.s. Treasury bills that matured on July 31. 15 Received an $.95 per share cash dividend on the Gem Co. stock. 28 Sold 4,000 shares of Gen Co. stock at $32.75 per share less a $510 brokerage fee. Oct. Received a $1.80 per share cash dividend on the PepsiCo shares. Dec. 15 Received a $1.10 per share cash dividend on the remaining Gem Co. shares. 31 Received a $1.05 per share cash dividend on the PepsiCo shares. Required: 1. Prepare journal entries to record the preceding transactions and events. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.)