Umile Corporation reported the following amounts on its balance sheet at the start of the year Short-term investments 104,000 Investments in significantly influenced and other companies 17,000,000 Assume that Umile Corporation completed the following investment transactions during 2020 * Required - 1. Record the transactions in the general journal of Umile Corporation 2 Post entries to the Equity Investments T-account and determine its balance at December 31, 2020 3. Assume the beginning balance of Short-Term Investments was cost of $104,000. Post entries to the Short-Term Investments T-account and determine its balance at December 31, 2020 4. Assuming the market value of the short-term investment portfolio is $425,000 at December 31, 2020, show how Umile Corporation would report short-term investments and investments in associated companies on the ending balance sheet. (No journal entry is required.)