Cash Dividends Teater Corporation issued 22,000 shares of common stock. At the beginning of the year, Teater held 9,000 shares of treasury stock, but it reissued 4,000 of those shares in November. On December 1, Teater's board of directors declares a cash dividend of $0.88 per share payable on December 20, to stockholders of record on December 15. Required: Prepare the appropriate journal entries for the date of declaration, date of record, and date of payment. If an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Dec. 1 Dec. 15 Dec. 20