On March 1 Year 1 Fordham Company declared a cash dividend of $6,000. The dividend will be paid on May 1 Year 1 to the stockholders of record as of April 1 Yeart The entry to record the dividend declaration on March 1 will have what effect on the financial statements? - Equity na Rev nia Exp n's Net ind ra Cash Flow nila ra Chow Equity 000 Rey n/a EX 56000 Netine 56.000 576.000 wew Exp Net Cash flow SOOFIA S16000 Rew Neting Luty 000 ED We wa 000 D Net Tity We Netine Cash Flow Rey Exp na nila Rev Exp S6000 Net in $16.0001 Cash Flow nia S6000 Netine Rev EXD Equity $16.000 Cash Flow $6.000) FA Net Inc Rev Equty 560001 Exp na Cash Flow na 150000 Net Inc Exp Equity Rev Cash Flow STOO) FA