GL1501 (Algo) - Based on Problem 15-4A LO P4 STM 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 4,500 shares of Delray Company stock at $26 per share. July 7 Purchased 3,000 shares of DRB Company stock at $51 per share. July 20 Purchased 1,400 shares of Haven Company stock at $18 per share. August 15 Received an $1.10 per share cash dividend on the Delray Company stock. August 28 Sold 2,700 shares of Delray Company stock at $29 per share. October 1 Received a $3.20 per share cash dividend on the DRB Company shares. December 15 Received a $1.30 per share cash dividend on the remaining Delray Company shares. December 31 Received a $2.60 per share cash dividend on the DRB Company shares. Journal entry worksheet Prepare journal entries to record each of the transactions and events. Prepare the year-end adjustment to fair value, if any..