Rose Company had no short-term investments prior to year 2013 t had the following transactions involving short-term investments in available-for-sale securities during 2013 Ap d 8.000 sh k at $27.00 p $500 broke ge fe d $140,000 90-day U.S. T deb $140,000 amount, 5% interest, securities dated May d 4.000 sh PepsiC k at $53.00 p $470 brok ge fe 20 P d 2,000 sh k at $15.00 p $550 brok Aug 3 R heck for p the U.S. T 29 5 R $0.80 p h dividend 28 Sold 4,000 sh k at $33.75 p $590 brok Oct. d a $1.60 p h dividend the PepsiC 5 R d a $0.95 p h dividend g Gem C d a $1.25 p h dividend the PepsiC 1. Prepare journal entries to record the preceding transactions and events. (Do not round your intermediate calculations.) Debit Credit Apr 16, 2013 Short-term investments-AFS (Gem 16.500 Cash 16.500 May 01.2013 v 140,000 Short-term investments-AFS (Gem Cash 140.000 Jul 07.2013 v 212,470 Short-term investments-AFS (Pepsi) Cash 212.470 Jul 20, 2013 Short-term investments-AFS (Xerox 30.550 30,550 Cash Cash Aug 03, 2013 140,000 Earnings from investment TKR) v Interest revenue Aug 15, 2013 Cash 6,400 Dividend revenue 6,400 Aug 28, 2013 134,410 v Short-term investments-AFS (Gem v 34,410X Gain on sale of short-term investments Oct 01, 2013 Cash 6.400 6,400 Dividend revenue Dec 5.2013 Cash Dividend revenue Dec 31, 2013 Cash 5.000 Dividend revenue 5.000 2. Prepare a table to compare the year-end cost and fair values of Perry's short-term investments in available-for-sale securities. The year-end fair values per share are: Gem Co., $29.25; PepsiCo, $50.25 and Xerox, $12.00 d Fi AFS Portf Cost Fair value Pepsi Co 3. Prep ting entry. d th for the portfo of short-term investments in available-for-sale securities. Journal Entry Worksheet Record the year-end adjusting entry for the securities portfolio as of December 31, 2013 General Journal Debit Credit Dat Dec 31 Enter debits before credits