QUESTION 15 Stromboli Co. owns 30% of Hannah Company. For the current year, Hannah reports net income of $250,000 and declares and pays a $60,000 cash dividend. Which of the following correctly presents the journal entries to record Stromboli's equity in Hannah's net income and the receipt of dividends from Hannah? Dec. 31 75,000 75,000 Stock Investments.. Revenue from Stock Investments .... Cash........ Stock Investments a. Dec. 31 18,000 18,000 250,000 Dec. 31 Stock Investments..... 250,000 Revenue from Stock Investments .... Dec. 31 Cash.. 18,000 Stock Investments.. b. 18,000 Dec. 31 250,000 250,000 Stock Investments. Revenue from Stock Investments .... Cash............. Stock Investments oc Dec. 31 60,000 60,000 Dec. 31 75,000 Stock Investments. Revenue from Stock Investments .... 75,000 Od. 60,000 Dec. 31 Cash.... Stock Investments 60,000