On December 31, 2021, Bramble, Inc. has 4200 shares of 5% $100 par value cumulative preferred stock and 59800 shares of $10 par value common stock outstanding On December 31, 2021, the directors declare a $17800 cash dividend. The entry to record the declaration of the dividend would include: O a credit of $3200 to Cash Dividends. anote in the financial statements that dividends of $5 per share are in arrears on preferred stock for 2021 O a debit of $17800 to Common Stock acredit of $17800 to Dividends Payable On January 1, Sunland Corporation had 91000 shares of $10 par value common stock outstanding. On June 17, the company declared a 10% stock dividend to stockholders of record on June 20. Market value of the stock was $13. on June 17. The stock was distributed on June 30. The entry to record the transaction of June 30 would include a O credit to Paid-in Capital in excess of Par for $27300 debit to Stock Dividends for $27300 O credit to Common Stock for $91000, debit to Common Stock Dividends Distributable for $118300