Investor owns 30% of Investee and applies the equity method. In 2020, Investor sells merchandise costing $240,000 to Investee for $300,000. Investee's ending inventory includes $50,000 purchased from Investor. Which of the following is the correct equity method entry to record the realization of the gross profit in 2021? 3,000 A. Equity Investment Equity Income 3,000 50,000 B. Equity Investment Cost of Goods Sold 50,000 50,000 C. Equity Income Equity Investment 50,000 3,000 D. Equity Income Equity Investment 3,000