Turner Company owns 10% of the outstanding stock of ICA Company. During the current year, ICA paid a $5 million cash dividend on its common shares. Ignore income taxes. What effect did this dividend have on Turner's 2024 financial statements? Note: Enter your answers in whole dollars, not in millions. If there is no effect to an element of the financial statements, select "No effect". Balance sheet: Investment in equity securities $ 1 Income statement: Investment revenue $ 0 Balance sheet: Income statement: Investment in equity securities daytmant envania EA Cash Cash surrender value of life insurance Discount on bond investment Dividend revenue Balance sheet: Income statement: Investment in equity securities Gain on life insurance settlement Gain on sale of investments Insurance expense Interest receivable Interest revenue Investment in equity affiliate 1 0 Balance sheet: Income statement: Investment in equity securities Investment in equity securities Investment revenue No effect Reclassification adjustment Retained earnings $ 0