On February 16, Hawthorne Co. declares a $0.43 dividend to be paid on April 5. Hawthorne has 2,090,000 shares of common stock issued and outstanding. The entry recorded by the company on February 16 Includes a debit to Multiple Choice Dividends Payable and a credit to Cash for $898,700. Dividends and a credit to Dividends Payable for $898,700 Dividends Payable and a credit to Cash for $851,830 Dividends and a credit to Dividends Payable for $351,830