On March 1, Serena Corp. had 20,000 shares of common stock authorized and 3,000 shares of $5 par common stock issued and outstanding when it declared an $.85 (eighty-five 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. Date Account Name: Debit Credit Mar 1 Mar 31