which one is correct?

The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of consolidated financial statements (assuming that the parent uses the cost method to record its investment in the subsidiary) would be: Debit Credit $$$ Equity method income-Parent Retained Earnings-Parent $$$ Credit Dividend Income-Subsidiary Investment in Subsidiary $$$ Credit Dividend Income-Parent Dividends-Subsidiary $$$ Equity method income-Subsidiary Equity method income-Parent Debit $$$ Debit $$$ Debit $$$ Credit $$$