Miller Sporting goods purchased 6,000 of Smiley Timing Services 20,000 shares of outstanding common stock.The book value of Smiley's net assets were equal to their fair value at the time of the acquisition.Smiley declared a dividend of $4,000 during the year after the acquisition.How should Miller record this transaction in its accounting records?

Group of answer choices

Increase Dividend Revenue by $4,000.

Increase the investment account by $1,200.

Decrease the investment account by $1,200

Increase Dividend Revenue by $1,200.