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 4,000 shares of Gem Co. stock at $27.50 per share plus a $320 brokerage fee. May 1 Paid $130,000 to buy 3-month u.s. Treasury bills (debt securities): $130,000 principal amount, 5% interest, securities mature on July 31. July 7 Purchased 2,000 shares of PepsiCo stock at $45.00 per share plus a $290 brokerage fee. 20 Purchased 1,000 shares of Xerox stock at $16.00 per share plus a $370 brokerage fee. Aug. 1 Received a check for principal and accrued interest on the U.s. Treasury bills that matured on July 31. 15 Received an $.75 per share cash dividend on the Gem Co. stock. 28 Sold 2,000 shares of Gem Co. stock at $34.25 per share less a $410 brokerage fee. Oct. 1 Received a $2.00 per share cash dividend on the PepsiCo shares. Dec. 15 Received a $.90 per share cash dividend on the remaining Gem Co. shares. 31 Received a $1.30 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.) View transaction list Journal entry worksheet Purchased 4,000 shares of Gem Co. stock at $27.50 per share plus a $320 brokerage fee. Note: Enter debits before credits. Date General Journal Debit Credit Apr 16, 2017 Record entry Clear entry View general Journal