please provide detailed explaination

Tan Company had these transactions pertaining to stock investments: Feb. 1 Purchased 3,000 shares of Norton Company (10%) for $49.800 cash plus brok $1,200. June 1 Received cash dividends of $2 per share on Norton stock. Oct. 1 Sold 1,200 shares of Norton stock for $24.000 less brokerage fees of $600. The entry to record the sale of the stock would include a O debit to Cash for $24,000. O credit to Gain on Sale of Stock Investments for $1.200. O debit to Stock Investments for $20.400. credit to Gain on Sale of Stock Investments for $3.000