Waterway Company reports the following amounts for 2019: $164000 ort Net income Average stockholders' equity Preferred dividends Par value preferred stock 2040000 35240 300000 The 2019 rate of return on common stockholders' equity is: 6.3%. 8.0%. 9.4%. 7.4%. Question 40 View Policies Current Attempt in Progress Crane Company acquires 64,8%, 5 year, $1000 Community bonds on January 1, 2020 for $64000. The journal entry to record this investment includes a debit to Stock Investments for $64000. Debt Investments for $69120. Debt Investments for $64000. Cash for $64000