On January 1, Guillen Corporation had 97,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $6 per share. During the year, the following occurred. Apr. 1 June 15 July 10 Dec. 1 15 (a) issued 22,500 additional shares of common stock for $10 per share. Declared a cash dividend of $1 per share to stockholders of record on June 30. Paid the $1 cash dividend. Issued 1,500 additional shares of common stock for $18 per share. Declared a cash dividend on outstanding shares of $4.90 per share to stockholders of record on December 31 journal entries in the Prepare the entries, on each of the three dividend dates. (ir ne entry is required, select "No Entry for the account titles and enter for the amounts. order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Dec. 1 B Cash 405000 Common Stock 135000 120000 Retained Earnings Dividends Payable D 120000 g Dividends Payable 120000 120000