11. A corporation has 20,000 shares of $4 par common stock outstanding. On March 5th, the company declares a $10 per share dividend to be paid on April 15th to stockholders of record on March 31st a. Journalize the declaration of the dividend: (3.25 pts) Date Description/Account Debit Credit Illustrate how the above entry(ies) will affect the accounting equation (amounts and direction): Assets Liabilities + Stockholders' Equity b. Journalize the payment of the dividend: (3.25 pts) Date Description/Account Debit Credit Illustrate how the above entry(ies) will affect the accounting equation (amounts and direction): Assets Liabilities + Stockholders' Equity