A recent annual report for Malestrom Inc, disclosed that the company declared and paid dividends on common stock in the amount $130 per share, During the year, Malestrom had 1.001.000.000 authorized shares of common stock and 191.210,000 issued shares. There is no treasury stock. Assume Malestrom declared the entire dividend ($1.30 per share) on February 20 and subsequently paid the dividend on March 1 Prepare a journal entry to record the declaration and payment of dividends, (If no entry is required for a transaction event, select "No journal entry required in the first account fold. Enter your answers in whale dollars not in millions (ie, 1,000,000 not 1.0).)