Mont Company acquired 38% of the outstanding stock of Mahomes Company for $614,000. During the curent year, Mahomes Company samed net income of $260,000 and declared and paid cash dividends of $72.000, The joumal entry Monfil would make to record the receipt of dividends would be O a debit Cash $27,360 and credit Dividend Revenue $27,300 Ob debil Cash $72,000 and credit Dividend Revenue $72.000 Oc debit Cash $72,000 and credit investments Mahomes Co. Stock $72.000 Od debit Cash $27.300 and creda investments Mahomes Co. Stock $27,360