on February 5, 2021, festival rental corporations Board of Directors declared a dividend of $.30 to be paid on March 18, 2021 to the shareholders of record as of the close of business on March 9, 2021. Festival has 5 million shares of $.01 par value common stock authorized with 1,600,000 shares issued an outstanding. The company has no preferred stock. Record the journal entry for the DECLARATION of the dividend be sure to select the proper date for the entry then record the journal entry for the PAYMENT of the dividend