Hutter Corporation declared a 50.50 per share cash dividend on ita common shares. The compony has 37.000 shares authorized 19.200 shares issued, and 14,000 shares of common stock outstonding. The joumal entry to record the dividend declarotion is: Debit Common Dindends Payable $9.600, credin Cash $9.600. Debit Retained Earnings \$9.600, credit Common Divdends Poyable $9,600. Debit Retained Earnings \$18,500, credit Common Dividend Woyable $18,500 Debit Retained Earnings \$7,400, credin Common Dividends Payable \$7,400 Debit Cornmon Dividends Payable \$7.400; credit Cash $7.400 $0. $6.650 $7.600. $15.200. $13,300