Exercise 10-8A Record cash dividends (L010-5) On March 15, American Eagle declares a quarterly cash dividend of $0.050 per share payable on April 13 to all stockholders of record on March 30 Required: Record American Eagle's declaration and payment of cash dividends for its 225 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (ie. $5.5 should be entered as 5,500,000).) View transaction let Record the declaration of cash dividends, 2 Record the entry on the date of record. Record the payment of cash dividends Credit Note - Journal entry has been entered Record entry Clear entry View general Journal