Required information [The following 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 short- term stock investments with insignificant influence. April 16 Purchased 10,000 shares of Gem Company stock at $23.00 per share. July 7 Purchased 5,000 shares of PepsiCo stock at $46.00 per share. July 20 Purchased 2,500 shares of Xerox stock at $19.00 per share. August 15 Received a $0.85 per share cash dividend on the Gem Company stock. August 28 Sold 5,000 shares of Gem Company stock at $29.75 per share. October 1 Received a $1.60 per share cash dividend on the PepsiCo shares. December 15 Received a $1.00 per share cash dividend on the remaining Gen Company shares. December 31 Received a $1.05 per share cash dividend on the PepsiCo shares. The year-end fair values per share are Gem Company, $25.25; PepsiCo, $43.25; and Xerox, $16.00. Required: 1. Prepare journal entries to record the preceding transactions and events. View transaction list