Marjam Company owns 41,000 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 the cash dividend received from MacKenzie would include a:
A. Debit to Dividend Revenue for $10,250.
B. Credit to Equity Method Investments for $25,000.
C. Credit to Dividend Revenue for $25,000.
D. Credit to Equity Method Investments for $10,250.
E. Debit to Interest Revenue for $10,250.
Answer: D
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