Metlock Limited is a private corporation reporting under ASPE. At December 31, 2021, its general ledger contained the following summary data: Cost of goods sold Interest expense Interest revenue Operating expenses Retained earnings, January 1 Sales $1.234,000 36.700 14,700 212,000 542,400 1.652.000 Additional information: 1. In 2021, common share dividends of $25,800 were declared on June 30 and December 31. The dividends were paid on July 8, 2021, and January 8, 2022, respectively. 2. The company's income tax rate is 20%. Record the dividend transactions in 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record declaration of dividend.) > June 30 July 8 Dec. 31 (To record payment of dividend.) (To record declaration of dividend.)