ABC Company Owns 75% of XYZ Company

Multiple Choice

ABC Company owns 75% of XYZ Company. During 2012, XYZ Company declared and paid $5,000 in dividends. What impact did this transaction have on the separate financial statements of ABC Company?

A) Total assets were increased
B) Net income was decreased.
C) Investment account for XYZ Company was decreased.
D) All of the above.