$26)$ The entry to record the payment of a previously declared dividend of $$2\mathrm{.}50$ per share on $19,500$ shares of common stock includes a $\_\_\_\_\_\_\_\_.$

A$)$ debit to Cash Dividends for $$48,750$ B$)$ debit to Cash $$48,750$

C$)$ credit to Cash Dividends for $$48,750$ D$)$ debit to Dividends Payable for $$48,750$

E$)$ none of the above