Marjam Company owns 30,000 shares of MacKenzie Company's 100,000 outstanding shares of common stock. MacKenzie Company pays $25,000 in total cash dividends to its shareholders. Marjam's entry to record this transaction should include a:
A. Credit to Equity Method Investments for $7,500.
B. Credit to Equity Method Investments for $25,000.
C. Credit to Dividend Revenue for $25,000.
D. Credit to Interest Revenue for $25,000.
E. Credit to Dividend Revenue for $7,500.
Answer: A
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