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Required information Problem 15-4A (Algo) Recording, adjusting, and reporting stock investments with insignificant influence LO P4 [The following information applies to the questions displayed below.] Rose Company had no short-term investments prior to this year. It had the following transactions this year involving shortterm stock investments with insignificant influence. April 16 Purchased 6,000 shares of Gem Company stock at $26.25 per share. July 7 Purchased 3,000 shares of Pepsico stock at $45.00 per share. Juty 20 Purchased 1,500 shares of Xerox stock at $15.00 per share. August 15 Received a $6.85 per share cash dividend on the Gem Company stock. August 28 Sold 3,0ee shares of Gen Company stock at $33,00 per share. 0ctober 1 Received a $1.60 per share cash dividend on the Pepsico shares. December 15 Received a $1.60 per share cash dividend on the remaining Gen Company shares. December 31 Received a \$1.30 per share cash dividend on the Pepsico shares. The year-end fair values per share are Gem Company, \$28.50; PepsiCo, \$42.25; and Xerox, \$12.00. Problem 15-4A (Algo) Part 5 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (b) its income statement for this year and (b) the equity section of its balance sheet at this year-end

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