! Required information Problem 15-4A 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 short- term stock investments with insignificant influence. Apr. 16 Purchased 10,000 shares of Gem Co. stock at $22.75 per share. July 7 Purchaned 5,000 shares of Pepaico stock at $48.00 per share. 20 Purchased 2,500 shares of Xerox stock at $15.00 per share. Aug. 15 Received an) $0.80 per share cash dividend on the Gem Co stock. 28 Sold 5,000 shares of Gem Co. stock at $29.50 per share. 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 $1.00 per share cash dividend on the PepsiCo shares. Required: 1. Prepare journal entries to record the preceding transactions and events. View transaction list Journal entry worksheet