Table 16-1 On January 2, 2017, Logan Corporation Purchased 2,000 Common Shares

Table 16-1
On January 2, 2017, Logan Corporation purchased 2,000 common shares in Downright Corporation for $55 per share and paid a $500 brokerage commission for the purchase. Logan intends to hold this investment for less than a year and classifies it as a Short-Term Investment. The market value of the shares at December 31, 2017, is $58 per share.
-Refer to Table 16-1.On December 31,2017,Downright Corporation declared a 10% stock dividend.The current market value of the stock is $60 per share.Logan Corporation should:

A) credit Dividend Revenue for $12,000
B) credit Dividend Revenue for $4,000
C) credit Dividend Revenue for $11,000
D) not prepare a journal entry