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Pravis Corporation owns 3 0 % of Kuster Corporation. Pravis Corporation received $ 9 , 0 0 0 in cash dividends from Kuster Corporation. The

Pravis Corporation owns 30% of Kuster Corporation. Pravis Corporation received $9,000 in cash dividends from Kuster Corporation. The entry to record receipt of these dividends is:
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Debt Equity Method Investment, $9,000; credit Cash, $9,000.
Debit Cash, $9,000; credit Dividend Revenue, $9,000.
Debit Cash, $9,000; credit Equity Method Investments, $9,000.
Debit Cash, $9,000; credit Interest Revenue, $9,000.
Debit Unrealized Gain-Income, $9,000; credit Cash, $9,000.

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