Purple Corporation pays $509,000 to acquire 40% of the equity securities of Blue, Inc. on May 5, 2019. In the journal entry to record this transaction O A. Common Stock HoldingsBlue Inc. will be debited for $509,000 OB. Revenue from Investments will be credited for $509,000 OC. Equity InvestmentsBlue Inc. will be credited for $509,000 OD. Equity Investments Blue Inc. will be debited for $509,000