Question 12 (3.5 points) On December 31, 2020, Skywalker Inc. owned the following securities, held as a long-term investment. The securities are not held for influence or control of the investee. Common Stock Shares Cost Chewbacca Co. 2,500 $ 50,000 C-3PO Co. 9,000 45,000 R2-D2 Co. 2,200 22,000 In 2021, the following transactions occurred: Aug 1 Received $.75 per share cash dividend on C-3PO Co. common stock Oct 1 Sold 1,000 shares of R2-D2 Co. common stock for cash at $7 per share. The journal entry for August 1, 2021 would include: debit to Dividend Revenue for $6,750 credit to Cash for $6,750 credit to Dividend Receivable for $6,750 credit to Dividend Revenue for S6,750