Rose Company had no short term investments prior to year 2013. It had the following transactions involving short term investments in available for sale securities during 2013. Apr 16. Purchased 4,000 shares of Gem Co. stock at $24.25 per share plus a $180 brokerage fee. May1. Paid $100,000 to buy 90-day US Treasury bills (debt securities): $100,000 principal amount, 6% interest, securities dated May 1. Jul 7. Purchased 2,000 shares of PepsiCo stock at $49.25 per share plus a $175 brokerage fee. Jul 20. Purchased 1.000 shares of Xerox stock at $16.75 per share plus a $205 brokerage fee. Aug 3. Received a check for the principal and the accrued interest on the U.S. Treasury bills that matured on Jul 29. Aug 15. Received an $.85 per share cash dividend on the Gem Co. stock. Aug 28. Sold 2,000 shares of Gem stock at $30.00 per share less a $225 brokerage fee. Oct 1. Received a $1.90 per share cash dividend on the PepsiCo, shares. Dec 15. Received a $1.05 per share cash dividend on the Gem Co. shares shares. Dec 31. Received a $1.30 per share cash dividend on the PepsiCo, shares shares. Required: 1. Prepare journal entries to record the preceding transactions and events. 2. Prepare a table to compare the year-end cost and fair value of Rose's short term investment in available for sale securities. The year end fair value per share are Gem Co. $26.50.. PepsiCo. $46.50: and Xerox, $13.75. 3. Prepare the adjusting entry, if necessary, to record the year end fair value adjustment for the portfolio of short term investments in available for sale securities