Pag Inc. established a subsidiary. Sand Inc. Pag transferred the following assets and accounts payable to Sand in exchange for 2,000 shares of Sand's $5 par value common stock: 10 11 12 Cost Book Value 13 15 Cash $ 20,000 $ 20,000 Accounts Receivable 35.000 30,000 5 17 18 Inventory 30,000 30,000 Land 10,000 10.000 20 21 23 24 Buildings and Equipment 150,000 130,000 Accounts Payable 10,000 10,000 Identify all of the following that would be included in the journal entry that Pag recorded for the transfer of assets and accounts payable to Sand. 6 27 A credit to Buildings and Equipment for $130,000. A debit to Investment in Sand Company Common Stock for $210,000. A credit to Gain on Bargain Purchase of $50,000. A debit to Accumulated Depreciation for $20,000