A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) $243 83 326 114 440 Liabilities: $ 63 Accounts payable 176 Other liabilities 54 Total current liabilities 210 Long-term liabilities 36 Total liabilities 539 Stockholders' equity: 260 Common stock Retained earnings Total stockholders' equity $ 799 Total liabilities and equity 154 205 359 $ 799 Total assets Desert Apparel has 5,000 shares of common stock outstanding. On April 1. the company declares a $3 per share dividend to stockholders of record on April 15. The dividend is paid on April 30. Record all necessary entries on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)