D Question 42 2 pts On February 2, Mecca Corporation declared a dividend of $0.42 per share with 1,200,000 shares currently outstanding. On February 15, Mecca prepared a list of stockholders who would receive the dividend. Then on March 1, Mecca Corporation paid the dividend to stockholders. What is the required journal entry Mecca should make on February 2? O Debit Cash Dividends payable $504,000 and Credit Cash Dividends $504,000. No entry required. O Debit Cash Dividends $504,000 and Credit Cash $504,000. O Debit Cash Dividends $504,000 and Credit Cash Dividends payable $504,000.