Lin has 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15. The proper journal entry for Linville on May 15 does not include:

D. Both A and B

A. a credit to Dividends Payable for $30,000.

C. a credit to Cash for $30,000.

B. a debit to Dividends for $30,000.

E. None of these.