NEW BRITAIN, Connecticut-(BUSINESS WIRE)-October 15, 2019-Do-It-Yourself Depot (NYSE: SWK) announced today that its Board of Directors approved a regular fourth-quarter cash dividend of $0.69 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. Th dividend is payable on Tuesday, December 17, 2019, to shareholders of record as of the close of business on Friday, November 29, 2019. At the time of the press release, the company had 303 million shares authorized and 151.0 million outstanding. The par value for the company's stock is $2.50 per share. Required: 1. & 2. Prepare journal entries as appropriate for each of the three dates mentioned above and to close the dividends account. Assuming no other dividends were declared during the year, prepare the closing entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars not in millions.) No Date Answer is complete but not entirely correct. General Journal 1 October 15 Dividends Dividends Payable 2 November 29 No Journal Entry Required No Journal Entry Required 3 December 17 Dividends Payable Cash 4 December 31 Retained Earnings Debit 104,880,000 Credit 104,880,000 0 0x 104,880,000 104,880,000 104,880,000 and ann