A recent annual report for Malestrom incorporated disclosed that the company declared and paid dividends on common stock in the amount of $2.00 per share. During the year, Malestrom had 1,019,000,000 authorized shares of common stock and 191,390,000 issued shares. There is no treasury stock Required Assume Malestrom declared the entire dividend ($2.00 per share) on February 20 and subsequently paid the dividend on March 1 Prepare the journal entries to record the declaration and payment of dividends Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollers not in millions (i.e., 1,000,000 not 1.0). View transaction list Journal entry worksheet < 1 2 Record the declaration of dividends der ts before credits Dase Fibruary 20 General Journal Debit Credit Record entry Clear entry View general journal select in whole dollars not in millions (i.e., 1,000,000 not 1.0). View transaction list Journal entry worksheet 1 2 Record payment of dividends. Note: Enter debits before credits Date March 011 Journal entry required" in the first account field. Enter your answers General Journal Debit Credit Record entry Clear entry View general journal