4. Corporacin Wapa owns 3,000 common shares of Corporacin Wapa Amrica. The Wapa Amrica Corporation has 25,000 shares circulating. Wapa Amrica paid $4 per share in cash dividends to shareholders. The entry to record receipt of these dividends: a. Debit Cash $12,000; credits Long Term Investment for $12,000 b. Debit Long Term Investment $12,000; credit Cash for $12,000 c. Debit Cash $12,000; Credit Dividend Revenue $12,000 d. Debit Cash $12,000; credits Unrealized Gain-Equity $12,000