On April 15 of this year, the board of directors for Captiva Company declared a cash dividend of 63 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14. The company has 115,000 shares of stock outstanding. Prepare any necessary journal entries for each date.

1. Record the appropriate journal entry on April 15 related to the cash dividend.

2. Record the appropriate journal entry on May 20 related to the cash dividend.

3. Record the appropriate journal entry on June 14 related to the cash dividend.