On January 4. Year 1, Larsen Company purchased 10,500 shares of Warner Company for $126,000 plus a brokers fee of $3.200. Warner Company has a total of 52,500 shares of common stock outstanding and It is presumed the Larsen Company will have a significant Influence over Warner During each of the next two years, Warner declared and pald cash dividends of $0.75 per share, and its net income was $105,000 and $100,000 for Year 1 and Year 2, respectively. The January 12, Year 3, entry to record the sale of 6300 shares of Warner Company stock for $85.050 cash should be: O Debit Cash $85.050: debit Loss on Sale of Investment $15.750: credit Long-Term Investments $69.300. D Debit Cash $85.050: debit Loss on Sale of Investment $15,750: credit Long-Term Investments $100.800. O Debit Cash $85.050: debit Loss on Sale of Investment $7620: credit Long-Term Investments $92.670. O Debit Cash $85.050: debit Loss on Sale of Investment $7530 credit Long-Term investments $77,520. O Debit Cash $85.050: debit Loss on Sale of Investment $44150: credit Long-Term investments $129.200