on April 14. including the current year). On December 15 , the board of directors of Axe Co. declared dividends of $80,000 to be paid to shareholders at the end of its fiscal year. property dividend of 1,440 shares of Mobile Co. common stock when the Mobile Co. shares were selling at $28 per share. Required Record the entry(ies) for the declaration of dividends for each of the four separate scenarios