Fryfish Corporation has an authorized capital made of 100,000 shares of common stock of $2 each. The board of directors declared a cash dividend of $5.00 per share on 67,000 shares of common stock outstanding on June 14, 2020. The dividend is to be paid on July 15, 2020, to shareholders of record on July 1, 2020. The proper entry to be recorded on June 14, 2010 is: a. Dividends 335,000 Retained earnings 335,000 b. Dividends payable 335,000 Cash 335,000 c. Dividends 335,000 Dividends payable 335,000 d. Dividends payable 142,500 Dividends 142,500