On January 4, Year 1, Barber Company purchased 13,500 shares of Convell Company for $162,000 Convell Company has a total of 67,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.75 per share, and its net income was $123,000 and $118,000 for Year 1 and Year 2, respectively. The January 2, Year 3, entry to record Barber's sale of 8,100 shares of Convell Company stock, which represents 60% of Barber's total investment, for $109,350 cash, should be: Multiple Choice Debit Cash $109,350, debit Loss on Sale of Stock Investment $9.510 credit Equity Method investments 599,840 Debit Cash $109.350; debit Loss on Sale of Investment $4.620: crede Equity Method Investments $113.970. Debit Cash $109,350 credit Gain on Sale of Stock Investment $20.250 credit Equity Method Investments $89,100. Debit Cash $109,350, debit Loss on Sale of Stock Investment $9,510, credit Equity Method Investments $99,840 Debit Cash $109,350, debit Loss on Sale of Investment $4,620, credit Equity Method Investments $113.970. Debit Cash $109,350, credit Gain on Sale of Stock Investment $20,250, credit Equity Method Investments $89,100 Debit Cash $109,350, credit Gain on Sale of Stock Investment $20,250, credit Equity Method Investments $129,600. Debit Cash $109,350, debit Loss on Sale of Stock Investment $57,050, credit Equity Method Investments $162.000