Hardin Park Company Had These Transactions Pertaining to Stock Investments

Multiple Choice

Hardin Park Company had these transactions pertaining to stock investments Feb. 1 Purchased 2,500 shares of Raley Company (10%) for $44,500 cash.
June 1 Received cash dividends of $1 per share on Raley stock.
Oct) 1 Sold 1,000 shares of Raley stock for 19,500.
Dec) 1 Received cash dividends of $2 per share on Reley stock.
The entry to record the purchase of the Raley stock would include a

A) debit to the Stock Investments account for $43,500.
B) credit to Cash for $43,500
C) debit to the Stock Investments account for $44,500.
D) debit to Investment Expense for $1,000.