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Orbit Services, Inc. pays $710.000 to acquire 32% (200,000 shares of the voting stock of State Investments, Inc. on January 5, 2019 Stato investments in

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Orbit Services, Inc. pays $710.000 to acquire 32% (200,000 shares of the voting stock of State Investments, Inc. on January 5, 2019 Stato investments in decans and pays a cash dividend of 51 40 per share on June 14, 2019. Which of the following is the correc journal entry for the transaction on June 14, 2017 168.000 168.000 168.000 O A Cash Retained Earnings Cash Dividend Revenue OC. Cash Equity Investments --State InvesttentsInc OD Equity Investments-State Investments, Inc 168000 168,000 168.000 168,000 168,000

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