Purple Corporation pays $516,000 to acquire 40% of the equity securities of Blue, Inc. on May 5, 2019. In the ournal entry to record this transaction O A. Equity Investments-Blue Inc. will be credited for $516,000 ? B. Common Stock Holdings-Blue Inc. will be debited for S516.000 O c. Revenue from Investments will be credited for $516,000 O D. Equity Investments-Blue Inc. will be debited for $516,000