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Marin Inc. declared a cash dividend of $ 1 . 4 5 per share on its 2 million outstanding shares. The dividend was declared on

Marin Inc. declared a cash dividend of $1.45 per share on its 2 million outstanding shares. The dividend was declared on August 1, payable on September 9 to all stockholders of record on August 15.
Prepare all journal entries necessary on those three dates.
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