26. Blanton Corporation purchased 35% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the dividends it receives from Worton Corporation?

a. debit Cash; credit Dividend Revenue

b. debit InvestmentsWorton Corporation Stock; credit Income of Worton Corporation

c. debit Cash; credit InvestmentsWorton Corporation Stock(not answer)

d. debit InvestmentsWorton Corporation Stock; credit Cash