72 Motor City, Inc. purchased 57,000 shares of Shaw common stock for $266,000. This represents 40% of the outstanding stock. The entry to record the transaction includes a: Multiple Choice Skipped Debit to Long-Term Investments-HTM for $266,000. Debit to Short-Term Investment-AFS for $266,000. Debit to Long-Term Investments for $4,362,400. Debit to Long-Term Investments for $266,000. Credit to Long-Term Investments for $4,362,400