On January 2,2014,Parade Corp

On January 2,2014,Parade Corp.paid $50,000 cash to acquire 400,000 shares of stock in Band Corp.These shares represent 40% of Band Corp.'s total outstanding stock.Parade accounted for this acquisition using the equity method.On December 31,2014,Band Corp.paid $2,000 in dividends to Parade.How would the company record this transaction?

A) Debit Cash for $2,000 and credit Dividend Revenue for $2,000.
B) Debit Cash for $2,000 and credit Interest Revenue for $2,000.
C) Debit Cash for $2,000 and credit Unrealized Gain on Long-Term Investments-Band for $2,000.
D) Debit Cash for $2,000 and credit Long-Term Investments-Band for $2,000.
E) Debit Cash for $2,000 and credit Long-Term Investments-Available-for-Sale (Band) for $2,000.