Flounder Corporation has 15 million shares of common stock issued and outstanding. On August 31 the board of directors voted a $1.10 per share cash dividend to stockholders of record as of September 5, payable September 30 . (a) Prepare the journal entry for each of the dates above assuming the dividend represents a distribution of earnings. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)