A company declared a $0.75 per share cash dividend. The company has 240,000 shares authorized, 73,000 shares issued, and 70,000 shares of common stock outstanding. What is the journal entry to record the dividend declaration? Multiple Choice o Debit Dividends Payable and credit Cash for $180,000 o Debit Dividends and credit Dividends Payable for $52,500 o Debit Dividends Payable and credit Cash for $54,750 o Debit Dividends and credit Dividends Payable for $54750 Your company sells $210,000 of bonds for an issue price of $220,500. Which of the following statements is correct? Multiple Choice O The bond sold at a price of 52.50, implying a premium of $10,500. O The bond sold at a price of 105.00, implying a premium of $10,500. O The bond sold at a price of 52.50, implying a discount of $10,500. O The bond sold at a price of 105.00, Implying a discount of $10.500