What Would Be the Journal Entry to Record the Dividends

What would be the journal entry to record the dividends declared by King Corp during the year?

A)
$\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \begin{array}{l}\text { Dividends } \\\text { receivable }\end{array} & \$ 30,000 & \\\hline \begin{array}{l}\text { Investment } \\\text { in Kong }\end{array} & & \$ 30,000 \\\hline\end{array}$
B)
$\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \begin{array}{l}\text { Dividends } \\\text { receiv able }\end{array} & \$ 30,400 & \\\hline \begin{array}{l}\text { Investment } \\\text { in Kong }\end{array} & & \$ 30,400 \\\hline\end{array}$
C)
$\begin{array}{|l|l|l|} \hline& \text { Debit } & \text { Credit } \\\hline \begin{array}{l}\text { Dividends } \\\text { receivable }\end{array} & \$ 30,000 & \\\hline \begin{array}{l}\text { Dividend } \\\text { income }\end{array} & & \$ 30,000 \\\hline\end{array}$
D) No entry.