Gaines Corporation invested $130,000 to acquire 30,000 shares of Owens Technologies, Inc. on March 1, 2018. On July 2, 2019, Owens pays a cash dividend of $2.00 per share. The investment is classified as equity securities with no significant influence. Which of the following is the correct journal entry to record the transaction on July 2, 2019? 60,000 60,000 60,000 O A. Cash Equity Investments B. Cash Dividend Revenue O C. Equity Investments Cash 60,000 60,000 60,000 D. Cash Retained Earnings 60,000 60,000