On March 15, American Falcon declares a quarterly cash dividend of $0.070 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 221 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. $5.5 million should be entered as 5,500,000).) 1 Record the declaration of cash dividends. 2 Record the entry on the date of record. 3 Record the payment of cash dividends