17) When discussing share investments, an investee is defined as: A) the one who owns shares in a company B) the shareholder attempting to sell a share C) the broker who handles a particular share transaction D) the company that issued the shares 18) Short-term equity investments with no significant influence are reported at: A) cost as long-term assets on the balance sheet B) market value as either current assets or long-term investments on the balance sheet C) market value as current assets on the balance sheet D) lower of cost or market as current assets on the balance sheet 19) The entry to record a stock dividend received on a short-term investment involves: A) a debit to Cash B) a credit to Dividend Revenue C) a debit to the Marketable Securities account D) no adjusting entry 20) LTI Corppurchased 100 shares as a short-term investment (no significant influence) for $1,650 on January 4, 2014. The market value of these shares at December 31, 2014 was $2,340. On December 31, 2014, the company received a cash dividend of $0.45 per share. The entry to record the dividend should include a: A) credit to Gain on Sale of Investment for $690 B) debit to Dividend Revenue for $45 C) credit to Investment Revenue for $735 D) credit to Dividend Revenue of $45