On August 17 Loa Company declared cash dividends of $35,000. The dividends were paid on September 16. Which ONE of the following should be included in the journal entry necessary to record the PAYMENT of the dividends on September 16? Assume that the correct entry was made on August 17. DEBIT Paid-in Capital in Excess of Par for $35,000 DEBIT Operating Expenses for $35,000 DEBIT Dividends Payable for $35,000 DEBIT Common Stock at Par for $35,000