On March 1, Pressley Corp. had 90,000 shares of common stock authorized and 20,000 shares of $5 par common stock issued and outstanding when it declared an $.90 (ninety cents) per share dividend to be paid on March 31. Required: In the journal below, record the journal entry on the declaration and payment dates. Note: Do not use currency symbols, commas, or decimals in your numerical responses. Debit Date Account Name: Credit Mar 1 Dividends Dividends Payable Mar 31 Dividends Payable Cash