Following is a recent Tangent press release: MINNEAPOUS, March 12. 2020 IPRNewswirel-The board of directors of Tangent Corporation has declared a quarterly dividend of 85 cents per common share. The dividend is payable June 10, 2020, to shareholders of record at the close of business May 20,2020. Piepare the journal entries Tangent used to record the declaration and payment of the cash dividend for its 500 million shares. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account fleld. Enter your answers in millions (i.e., 10,000,000 should be entered os 10)