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Continental Bank, a nationwide banking company, owns many types of investments. Continental paid $650,000 for equity securities on December 5. Continental owns less than 15%

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Continental Bank, a nationwide banking company, owns many types of investments. Continental paid $650,000 for equity securities on December 5. Continental owns less than 15% of the stock of the companies in which it invests. Two weeks later Continental received a $52,000 cash dividend. At December 31, these equity securities were quoted at a market price of $655,000. On December 31. Continental's balance sheet should report O A. dividend revenue of $52,000. B. Investment in equity securities of $655,000. c. an unrealized gain of $5,000. D. investment in equity securities of $650,000

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