Which of Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $40 a share plus brokerage fees of $300. The entry for the purchase is: the following stock investments should be accounted for using the cost method? 

a. Investments of less than 20% and investments between 20% and 50% 

b. Investments of less than 20% 

c. All stock investments should be accounted for using the cost method 

d. Investments between 20 % and 50%