NINGS Athen G Google Business Course # Return to course 3 My Subscriptions Jon Getty Finish attempt... Question 13 Not yet answered Marked out of 4.00 P Flag question On March 24, 2018, Ted Company purchased 10,000 shares of Maggie stock for $15 per share and paid a $1,500 commission fee. At the time of the purchase. Maggie Inc. had 100,000 shares outstanding. On July 31, 2018, Maggie declared and paid a dividend of $1.50 per share. The closing price on Margie's stock on December 31, 2018, was $13.50 per share. Ted sold all 10,000 shares of its Maggie's Inc. stock on February 1, 2019, for $15.50 per share. On the date of the sale. Ted's journal entry to record the transaction would include: Select one: a. a debit to Investment in Maggie Inc. for $135,000 b. a credit to Investment in Maggie Inc. for $20,000 0 c. a debit to Gain on the sale of Investment for $20,000 d. a debit to Gain on the sale of Investment for $155.000 e, a credit to Gain on the sale of Investment for $20,000 10/26/2020 O e Type here to search