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Required information The following information applies to the questions displayed below.j Rose Company had no short-term investments prior to year 2017. It had the following

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Required information The following information applies to the questions displayed below.j 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 ,000 shares of Gem Co. stock at $24.25 per share plus a 180 brokerage fee May 1 Paid $100,000 to buy 3-month U.S. Treasury bills (debt securities): $100,000 principal amount, 68 July 7Purchased 2,000 shares of Pepsico stock at $49.25 per share plus a $175 brokerage tee Aug. 1 Received a check for principal and accrued interest on the U.S. Treasury bills that matured on July interest, securities mature on July 31 20 Purchased 1,000 shares of Xerox stock at $16.75 per share plus a $205 brokerage fee 15 Received an S0.85 per share cash dividend on the Gem Co. stock 28 Sold 2,000 shares of Gem Co. stock at $30 per share less a $225 brokerage fee Oct. 1 Received a $1.90 per share cash dividend on the Pepsico shares Dec. 15 Received 1.05 per share cash dividend on the remaining Gem Co shares 31 Received a $1.30 per share cash dividend on the PepsiCo shares 2. Prepare a table to compare the year-end cost and fair values of Rose's short-term investments in available-for-sale securities. The year-end fair values per share are: Gem Co., $26.50; PepsiCo, $46.50; and Xerox, $13.75. Answer is not complete. Comparison of Cost and Fair Values for AFS Portfolio Fair Value Unrealized Gem Co 97,180 98,675 16,955 Pepsi Co. Total 212,810

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