Rose Company had no short-term investments prior to year 2015. It had the following transactions involving short-term investments in available-for-sale securities during 2015.

Apr. 16 Purchased 4,000 shares of Gem Co. stock at $26.75 per share plus a $500 brokerage fee.

May 1 Paid $180,000 to buy 13-week U.S. Treasury bills (debt securities): $180,000 principal amount, 4% interest, securities dated May 1.

July 7 Purchased 2,000 shares of PepsiCo stock at $51.00 per share plus a $470 brokerage fee. 20 Purchased 1,000 shares of Xerox stock at $19.00 per share plus a $550 brokerage fee.

Aug. 3 Received a check for principal and accrued interest on the U.S. Treasury bills that matured on July 31.

15 Received a(n) $0.80 per share cash dividend on the Gem Co. stock.

28 Sold 2,000 shares of Gem Co. stock at $33.50 per share less a $590 brokerage fee.

Oct. 1 Received a $1.80 per share cash dividend on the PepsiCo shares.

Dec. 15 Received a $0.95 per share cash dividend on the remaining Gem Co. shares.

31 Received a $1.15 per share cash dividend on the PepsiCo shares.