URGENT PLS

Baggage owns 40% of Claim and has a baiance in its investment account of $100,000 at January 1, 2023. In 2023 , Baggage selis imventory (cost $60,000 ) 10 Claim for $90,000 At December 31,2023,$30,000 of this inventory remiains unsold. What journal entry is Baggage required to make at December 31,2023 . Dr. Equity income $7500 Cr. Imvestment $7500 Or. Equity income 3.000 Cr. investment 3.000 Dr Equity income. $20,000 Cr. investment $20,000 Dr. Investmem $20,000 Cr. Equity income $20,000