Turner Enterprises Purchased 10,000 Shares of Stock in Twila Corporation

Turner Enterprises purchased 10,000 shares of stock in Twila Corporation for $12 per share. Turner's broker arranged for Turner to pay only $4 cash per share at the date of purchase with the remaining balance to be paid in monthly installments.
Turner should record the investment by:

A) debiting the investment account for $40,000.
B) debiting the investment account for $120,000.
C) debiting the investment account for $100,000, and crediting a contra account for $60,000.
D) not making an entry until the cost of the securities is paid in full.