Lemon Inc. has the following information regarding its preferred and common stock: As of December 31, 2013, Lemon was 3 years in arrears on its dividends. During 2014, Lemon declared and paid dividends. As a result, the common stockholders received dividends of $0.45 per share. Required: 1. What was the total amount of dividends declared and paid during 2014? Total dividends declared and paid $ Hide 2. During 2014, what journal entry was made at the date of declaration? (Record liability for dividends)