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Sheridan Company had these transactions pertaining to stock investments: Feb. 1 Purchased 3200 shares of Ayayai Company (10%) for $81600 cash. June 1 Received cash dividends of $2 per share on Ayayai stock. Oct. 1 Sold 2240 shares of Ayayai stock for $61080 less brokerage fees of $600. The entry to record the sale of the stock would include a O debit to Cash for $61080. O credit to Gain on Sale of Stock Investments for $2240. O credit to Gain on Sale of Stock Investments for $3360, O debit to Stock Investments for $57120. Waterway Company owns 30% interest in the stock of Pharoah Corporation. During the year, Pharoah pays $21000 in dividends to Waterway, and reports $315000 in net income. Waterway Company's investment in Pharoah will increase Waterway's net income by $94500 $10500 $6300. $100800 On January 1, 2020, Waterway Company purchased at face value, a $1010, 10% bond that pays interest on January 1. Waterway Company has a calendar year end. The entry for the receipt of interest on January 1, 2021, is Interest Receivable Interest Revenue 101 101 101 Cash Interest Revenue 101 Interest Receivable Cash 101 101 O Cash 101 Interest Receivable 101