Question 10 (1 point) Bryant Inc. purchased 10% of Rizzo Corp's 150,000 shares of commonst stock at a cost of $8 per share. On June 30, Rizzo Corp. declared and paid $62,000 cash dividend to all stockholders. As of December 31, the company reported net income of $215,000 for the year. At the end of the year on December 31, the market value of Rizzo Corp's stock was $10 per share. What is the journal entry that should be recorded on June 30 by Bryant Inc? 6,200 Cash Equity Investments 6,200 b) No entry should be made. 6,200 Cash Dividend Revenue 6,200 Dividend Receivable Dividend Revenue 6,200 6,200