Everrine Corporation owns 30% of JRW Corporation. Everrine Corporation received $9,000 in cash dividends from JRW Corporation. The entry to record receipt of these dividends is:

Select one:

a. Debit Cash, $9,000; credit Long-Term Investments, $9,000.

b. Debt Long-Term Investment, $9,000; credit Cash, $9000.

c. Debit Cash, $9,000; credit Interest Revenue, $9,000.

d. Debit Unrealized Gain-Equity, $9,000; credit Cash, $9,000.

e. Debit Cash, $9,000; credit Unrealized Gain-Equity, $9,000.