On March $15,$ American Falcon declares a quarterly cash dividend of $$0\mathrm{.}110$ per share payable on April $13$ to all stockholders of record

on March $30.$

Required:

Record American Falcon's declaration and payment of cash dividends for its $213$ million shares. $($If no entry is required for a particular

transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions $($i$.$e$.$

$$5\mathrm{.}5$ million should be entered as $5,500,000.)$

Journal entry worksheet

Record the declaration of cash dividends.

Note: Enter debits before credits.