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Monstervideo Corp. holds a 15% equity investment in Hotchin Inc. Minapp Investments holds 35% of Hotchin Inc. stock.On May 1, 20X8, Hotchin Inc. declares and

Monstervideo Corp. holds a 15% equity investment in Hotchin Inc. Minapp Investments holds 35% of Hotchin Inc. stock.On May 1, 20X8, Hotchin Inc. declares and pays dividends to its stockholders.How will the dividend affect each company's balance sheet account: Hotchin Inc. investment?

Monstervideo Corp.

Minapp Investments

A.

No effect

Decrease

B.

No effect

No effect

C.

Decrease

No effect

D.

Decrease

Decrease

E.

Increase

Increase

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