Green Services Invests Its Excess Cash in Creative Technologies and Acquires

Green Services invests its excess cash in Creative Technologies and acquires 1,300 shares for $22.50. Green Services owns less than 1% of Creative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction?

A) $$\begin{array} { | c | r | r | } \hline \text { Long-term Investments-Held-to-Maturity } & 29,250 & \\\hline \text { Cash } & & 29,250 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Cash } & 29,250 & \\\hline \text { Long-term Investments-Held-to-Maturity } & & 29,250 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Cash } & 29,250 & \\\hline \text { Long-term Investments-Available-for-Sale } & & 29,250 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \hline \text { Long-term Investments-Available-for-Sale } & 29,250 & \\\hline \text { Cash } & & 29,250 \\\hline\end{array}$$