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Help Save & Exit On February 15, Jewel Company buys 9 200 shares of Marcelo Corp common stock at $29.63 per share. The stock is

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Help Save & Exit On February 15, Jewel Company buys 9 200 shares of Marcelo Corp common stock at $29.63 per share. The stock is classified as a stock investment with insignificant influence. This is the company's first and only stock investment On March 15, Marcelo Corp.declares a dividend of $170 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 15 and ultimately sells half of the Marcelo Corp stock on November 17 of the current year for $30.40 per share. The journal entry to record the sale of the 4600 shares of stock on November 17 is. Multiple Choice Debit Cash $136,298: debit Loss on Sale of Stock Investments $3.542 credit Stock Investments S139,840 Debit Cash $139,840, credit Long-Term investments-Trading $136.298, debil Gain on Sale of Long-Term investments $3,542 Debit Cash $139,840, credit Long-Term Investments-AFS $136.298 credit Gain on Sole of Long-Term Investments 53,542 O SI 5 ch 72F Clear A ob 6

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