On May 1. Year 1. Love Corporation declared a $89800 cash divefend to be paid an My 31 to shareholders of recond on May t5 Required a. Record the events ocruming on May 1, Mary 15, and May 31 in a hoirontal statements model b. Prepure joumal entries for all events associated wath the dividend complete this question by entering your answers in the tabs below. Prepare journal entries for all events associated with the dividend. (1f no entry is required for a transictioc/event, Felect "No fournat entry requirend" in the first account field.) Journal entry worksheet On May 1, Love Corporation declared a $B9,800 cach dividend to be paid on May 31. Record the transaction. Notet Enter debits before credits. Prepare journal entries for all events associated with the dividend. (If no entry is required for a transaction/ever entry required" in the first account field.) Journal entry worksheet The shareholders on record on May 15 will receive a dividend payment to be paid May 31. Record the transaction. Note: Enter debits before credits. Prepare journal entries for all events associated with the dividend. (If no entry is required for a transaction/even entry required" in the first account field.) Journal entry worksheet On May 31, the dividends are paid to the shareholders of record on May 15. Record the transaction. Note: Enter debits before credits. Prepare journal entries for all events associated with the dividend. (If no entry is required for a transaction/even) entry required" in the first account field.) Journal entry worksheet 1 On December 31 , the closing entry for dividends is recorded. Record the transaction. Note: Enter debits before credits