On January 1 Whispering Winds Corp. had 68,000 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 June 15 July 10 Dec. 1 15 Issued 15,000 additional shares of common stock for $10 per share. Declared a cash dividend of $1.00 per share to stockholders of record on June 30. Paid the $1.00 cash dividend. Issued 6,900 additional shares of common stock for $13 per share. 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 Debit How are dividends and dividends payable reported in the financial statements prepared at December 31? In the retained earnings statement. In the balance sheet, of $ will be of $ will be reported as a Credit