on April 1, co. declares a 1.36 dividend to be paid on June 14. there are 4000 shares of common stock issued and 1900 shares outstanding. the entry recorded by the company on April 1 was:

A. Debit to RE for 2,584 and credit to dividends payable for $2,584

B. Debit to Cash for $2584 and a credit to dividends payable for $2,584.

C. Debit to Retained earnings for $5,440 and a credit to dividends payable for $5,440

D. None