Dividend Declaration and Payment. (8 points) Mozart & Company issued 1.500 shares of 5% sso par value, preferred work for 750 The board of directors declared annual dividends on December 30, to be paid 20 What journal entry is necessary to record the declaration of dividend on December 2011 What journal entry is necessary to record the payment of dividends on January 20? Receipt of Interest on a Held-to-Maturity Debt Security. (10 points) Leotis Asset Management invested in the bonds of DEF Co. on 1/1/16. Leotis intends and has the financial capacity to hold the bonds until maturity. These 5-year bonds carry a 5% coupon (stated) rate and have a face value of $300,000. Semi-annual interest payments are on 6/30 and 12/31 of each year. The bonds were issued when the market rate of interest was 6%, resulting in a cost of $287,205. What is the journal entry to record the acquisition of the bonds? What is the journal entry to record the receipt of the interest payment on 6/30/16