Birzeit Corporation earns $580,000 in net income and pays cash dividends of $160,000 during 2020. Ramallah Corporation owns 3,000 of the 10,000 outstanding shares of Birzeit Corporation. How much investment income should Ramallah report in 2020? Select one: O a. $96,000. O b. $144,000. O c. $580,000. O d. $174,000. On January 1, 2020, Jawwal Company issues 1,000 shares of restricted stock for 10 executive officers. Jawwal's stock has a fair value of $30 per share on January 1, 2020. Additional information is as follows. 1. The service period related to the restricted stock is five years. 2. The par value of the stock is $5 per share. Jawwal makes the following entry on the grant date under the restricted stock plan. Select one: O a. Debit Unearned Compensation $30,000; Credit Common Stock $5,000; PIC- Common Stock $25.000. O b. Debit Compensation Expense $6,000: Credit Unearned Compensation $6.000 O c. No Entry. O d. Debit Common Stock $5,000; PIC- Common Stock $25,000: Credit Compensation Expense $12,000; Credit Unearned Compensation $18,000