Cornerstone Exercise 10-32 Cash Dividends King Tut Corporation issued 19,000 shares of common stock, all of the same class; 12,000 shares are outstancing and 7,000 shares are held as treasury stock. On December 1, 2019, King Tut's board of directors declares a cash dividend of $0.50 per share payable on Decerbber 15, 2019, to stockholders of recard on December 10, 2019 Required: Prepare the apgropriate joumal entries for the (a) date of dectaration, (b) dote of record, and (c) date of payment. If no entry is required, choose "No entry required" and leave the amount boxes blank