On January 1, Culver Corporation had 62,800 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred Apr. 1 Issued 17,550 additional shares of common stock for $11 per share June 15 Declared a cash dividend of $1.55 per share to stockholders of record on June 30 July 10 Paid the $1.55 cash dividend Dec. 1 ssued 7,800 additional shares of common stock for $12 per share Dec. 15 Declared a cash dividend on outstanding shares of $2.05 per share to stockholders of record on December 31. (a) Prepare the entries, if any, on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, eg. 1,225.) Date Account Titles and Explanation Debit Credit June 15 Cash Did Cash Dividends 124542.5 Dividends Payable 124542.5 July 10 Dividends Payable 124542.5 Cash 124542.5 Dec. 15 Cash Dividends 180707.5 Dividends Payable 180707.5