Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 5,000 shares for $66.00 per share Amazon Services, Inc. owns less than 2% of Nile's voting stock and plans to hold the stock for two years while preparing the journal entry to record this transaction, O A. Equity Investments is debited for $280,000 O B. Long-term Investments is credited for $280,000 O C. An equity account is debited for $280,000 O D. Common Stock is debited for $280,000