On March 15, American Eagle declares a quarterly cash dividend of $0.035 per share payable on April 13 to all stockholders of record on March 30.

Required:

Record American Eagle's declaration and payment of cash dividends for its 228 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).)

View transaction list Journal entry worksheet Record the declaration of cash dividends Note: Enter debits before credits Date Credit General Journal Debit March 15 Clear entry Record entry View general journal