Following are four separate dividend scenarios. on April 14. including the current year). On December 15, the board of directors of Axe Co. declared dividends of $25,000 to be paid to shareholders at the end of its fiscal year. property dividend of 450 shares of Mobile Co. common stock when the Mobile Co. shares were selling at $28 per share. Required Record the entry(ies) for the declaration of dividends for each of the four separate scenarios. Cash Equipment Investment in Stock Dividends Payable-Common Stock Dividends Payable-Preferred Stock Property Dividends Payable Preferred Stock Common Stock Common Stock Dividends Distributable Paid-in Capital in Excess of Par-Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital-Retired Stock Paid-in Capital-Treasury Stock Retained Earnings Treasury Stock Legal Expense Unrealized Gain or Loss-Income N/A