On May $15,2025,$ Mayer Co$.$ invests $$8,000$ in John, Inc. stock. John, Inc. pays Mayer Co$.$ a $$200$ dividend on November $15,2025.$ Mayer Co$.$ sells the John, Inc. stock on December $10,2025,$ for Select the explanation on the last line of the journal entry table.$)$

Begin by journalizing Mayer Co$.\text{'}$s initial investment in John, Inc. stock on May $15,2025.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$May $15,2025],[+],[],[,-,,],[,x_2,,]]$

Next, journalize Mayer Co$.\text{'}$s receipt of the November $15,2025$ dividend.

Now journalize Mayer Co$.\text{'}$s sale of the John, Inc. stock on December $10,2025.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,$],[$Dec$.10,2025,,,],[,,,]]$