On January 1 Sheridan Company had 84,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurred: Apr. 1 Issued 14,000 additional shares of common stock for $10 per share. June 15 Declared a cash dividend of $1.00 per share to stockholders of record on June 30. July 10 Paid the $1.00 cash dividend. Dec. 1 Issued 6,400 additional shares of common stock for $15 per share. 15 Declared a cash dividend on outstanding shares of $1.00 per share to stockholders of record on December 31. Prepare the entries, if any, on each of the three dates that involved dividends. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit How are dividends and dividends payable reported in the financial statements prepared at December 31? In the retained earnings statement, Dividends Payable of $ will be In the balance sheet, of $ will be reported as a eTextbook and Media List of Accounts