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Marley Investments, Inc. purchased 45% of the common stock of Beige Corporation on January 1, 2019. Beige Corporation reports a net income of $720,000

Marley Investments, Inc. purchased 45% of the common stock of Beige Corporation on January 1, 2019. Beige Corporation reports a net income of $720,000 for the 2019 year. Which of the following is the correct journal entry? . Cash 324,000 Revenue from Investments 324,000 . Equity Investmentslong dash-Beige Corporation 324,000 Revenue from Investments 324,000 C. Revenue from Investments 324,000 Equity Investmentslong dash-Beige oporation 324,000 D. Revenue from Investments 324,000 Cash 324,000

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