QUESTION 28 On January 1, 2016. Jones Company bought 5000 shares of ABC company stock. This represents 20% of the shares available from ABC Company. Jones paid $5.00 per share for the stock. During 2016, ABC earned 550.000 in net income: Paid total dividends of $20.000; and had the same number of shares available. Assume the stock is accounted for under the equity method what is the credit to investment (dividends) revenue for our share of dividends? a. there is no credit to the account b. 54,000 Assume the stock is accounted for under the equity method what is the credit to investment (dividends) revenue for our share of dividends? a. there is no credit to the account b. $4,000 c. $5,000 d. $20,000 e none of the above