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glitter services pays $700,000 for $100,000 shares to acquire 30% of voting stock of grey Investments on January 5, 2018. Grey Investments declares and pays

glitter services pays $700,000 for $100,000 shares to acquire 30% of voting stock of grey Investments on January 5, 2018. Grey Investments declares and pays a cash dividend of $1.4 per share on June 14, 2018. Journalize the dividend payment made on June 14, 2018?

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