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Sports Spectacular purchased 1,000 shares (8%) of stock in The Athletic Warehouse for $30 per...

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Accounting

Sports Spectacular purchased 1,000 shares (8%) of stock in The Athletic Warehouse for $30 per share. By the end of the year, the Athletic Warehouse has paid dividends of $2 per share. How would Sports Spectacular account for the dividend?
Multiple Choice
Unrealized holding gain
Dividend revenue
Decrease in the investment account
Sports Spectacular would not recognize the dividend
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