Nagen Company Had These Transactions Pertaining to Stock Investments

Nagen Company had these transactions pertaining to stock investments:
Feb) 1 Purchased 3,000 shares of Horton Company (10%) for $49,800 cash plus brokerage fees of $1,200.
June 1 Received cash dividends of $2 per share on Horton stock.
Oct) 1 Sold 1,200 shares of Horton stock for $24,000 less brokerage fees of $600.
The entry to record the sale of the stock would include a

A) debit to Cash for $24,000.
B) credit to Gain on Sale of Stock Investments for $1,200.
C) debit to Stock Investments for $20,400.
D) credit to Gain on Sale of Stock Investments for $3,000.