Fetzer Company declared a $0.45 per share cash dividend. The company has 240.000 shares outhorized, 228,000 shares issued, ond 9.600 shores in treasury stock. The journal entry to record the payment of the dividend is: O Debit Retalned Earnlngs $98.280: credit Common Dividends Payable $98.280. O Debt Retained Earnings $108,000: credit Common DIVIdends Payable $108,000. O Debt Common Dividends Payable $98.280 credit Cash $98.280. O Debit Retalned Earnings $102.600: credit Common DIVIdends Payable $102.600. O Debt Common dends Payable $102.600: credit Cash $102.600