Show less Green Corporation had no short-term investments prior to this year. It had the following transactions this year involving short-ter stock investments with insignificant influence. April 16 Purchased 5,500 shares of Dade Company stock at $29 per share. July 7 Purchased 4,000 shares of Homer Company stock at $54 per share. July 20 Purchased 1,800 shares of MYC Company stock at $21 per share. August 15 Received an $1.30 per share cash dividend on the Dade Company stock. August 28 Sold 3,300 shares of Dade Company stock at $32 per share. October 1 Received a $4.90 per share cash dividend on the Homer Company shares. December 15 Received a $1.60 per share cash dividend on the remaining Dade Company shares. December 31 Received a $4.30 per share cash dividend on the Homer Company shares. General Journal tab - Prepare the required journal entries for each of the transactions of Green Corporation for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio. General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs. Fair Value Adjustment tab - Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value. Transaction Analysis tab - For each transaction, indicate the total impact on assets and equity. If equity changed, indicate whether the change was a component of income or a direct component of stockholders' equity. Financial Statement Impact tab - Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account titles that report the total change in income and equity. Green Corporation 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 5,500 shares of Dade Company stock at $29 per share. July 7 Purchased 4,000 shares of Homer Company stock at $54 per share. July 20 Purchased 1,800 shares of MYC Company stock at $21 per share. August 15 Received an $1.30 per share cash dividend on the Dade Company stock. August 28 Sold 3,300 shares of Dade Company stock at $32 per share. October 1 Received a $4.90 per share cash dividend on the Homer Company shares. December 15 Received a $1.60 per share cash dividend on the remaining Dade Company shares. December 31 Received a $4.30 per share cash dividend on the Homer Company shares. Prove the accuracy of your responses on the Transaction Analysis tab by selecting the account titles reported on the income statement or as a component of stockholders' equity. The year-end fair values per share are: Dade Company, $30.00; Homer Company, $52.50; and MYC Company, $18.00. Calculate the total cost and total fair value of the available-for-sale portfolio as of December 31 , and calculate the amount of the required year-end adjusting entry, if any. Show less Green Corporation had no short-term investments prior to this year. It had the following transactions this year involving short-ter stock investments with insignificant influence. April 16 Purchased 5,500 shares of Dade Company stock at $29 per share. July 7 Purchased 4,000 shares of Homer Company stock at $54 per share. July 20 Purchased 1,800 shares of MYC Company stock at $21 per share. August 15 Received an $1.30 per share cash dividend on the Dade Company stock. August 28 Sold 3,300 shares of Dade Company stock at $32 per share. October 1 Received a $4.90 per share cash dividend on the Homer Company shares. December 15 Received a $1.60 per share cash dividend on the remaining Dade Company shares. December 31 Received a $4.30 per share cash dividend on the Homer Company shares. General Journal tab - Prepare the required journal entries for each of the transactions of Green Corporation for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio. General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs. Fair Value Adjustment tab - Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value. Transaction Analysis tab - For each transaction, indicate the total impact on assets and equity. If equity changed, indicate whether the change was a component of income or a direct component of stockholders' equity. Financial Statement Impact tab - Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account titles that report the total change in income and equity. Green Corporation 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 5,500 shares of Dade Company stock at $29 per share. July 7 Purchased 4,000 shares of Homer Company stock at $54 per share. July 20 Purchased 1,800 shares of MYC Company stock at $21 per share. August 15 Received an $1.30 per share cash dividend on the Dade Company stock. August 28 Sold 3,300 shares of Dade Company stock at $32 per share. October 1 Received a $4.90 per share cash dividend on the Homer Company shares. December 15 Received a $1.60 per share cash dividend on the remaining Dade Company shares. December 31 Received a $4.30 per share cash dividend on the Homer Company shares. Prove the accuracy of your responses on the Transaction Analysis tab by selecting the account titles reported on the income statement or as a component of stockholders' equity. The year-end fair values per share are: Dade Company, $30.00; Homer Company, $52.50; and MYC Company, $18.00. Calculate the total cost and total fair value of the available-for-sale portfolio as of December 31 , and calculate the amount of the required year-end adjusting entry, if any