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Nagen Company had these transactions pertaining to share investments: Feb. 1 Purchased 2,000 shares of Horton Company (10%) for 34,000 cash. June 1 Received cash

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Nagen Company had these transactions pertaining to share investments: Feb. 1 Purchased 2,000 shares of Horton Company (10%) for 34,000 cash. June 1 Received cash dividends of 2 per share on Horton shares. Oct. 1 Sold 800 Horton shares for 15,600. The entry to record the receipt of the dividends on June 1 would include a Select one: a. debit to Dividend Revenue for 4,000. b. debit to Share Investments for 4,000 c. credit to Share Investments for 4,000 d. Credit to Dividend Revenue for 4,000

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