McVeigh Corp. owns 40% of Gondor Company's common stock. McVeigh received $48,400 in cash dividends from Gondor. The entry to record the cash dividend received from Gondor would include a: Multiple Choice Debit to Dividends for $121,000. Credit to Equity Method Investments for $48,400. Debit to Dividend Revenue for $48,400. Credit to Equity Method Investments for $121,000. Credit to Cash for $48,400