Johnson Pets, Inc. declared a cash dividend of $0.20 per common share on 100,000 issued shares; there were no treasury shares. The dividend was declared on May 11, 2020 for common shareholders of record on June 18, 2020, to be paid on July 12, 2020. The entry on May 11, 2020 to declare the cash dividend would require a:

A. Debit to Common Stock, $20,000.

B. Credit to Cash, $20,000.

C. Debit to Dividends, $20,000.

D. Credit to Common Stock, $20,000.