Latery Company comod ret income of 500,000 during the yow ended December 31, 2016. on December 18, targrey declared the annu cun avisend on to 3% preferred stock low , 8120.000) and a 30. 78 per shwe can ovund on its common stock (40.000 shares) Bargrethen paid the dividends on January 4, 2018 Read the recents Requirement 1. Journaize for Eartgryte entry ordering the cash dividends on December 16, 2016. Record debts fru, non credits. Select the exploration on the lost in the foundarytie) Date Accounts and Explanation Debit Credit 2018 Dec 15 Requirement 2. Journaize for Earlgrey the entry paying the cash dividends on January 4, 2019. (Record debits first, then credits. Select the explanation on the last line of the jumal entry) Date Accounts and Explanation Debit Credit 2019 Jan. 4