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On May 1, Year 1, Love Corporation declareda $98700 cash dividend to be paid on May 31 to shareholders of record on May is: Required:

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On May 1, Year 1, Love Corporation declareda $98700 cash dividend to be paid on May 31 to shareholders of record on May is: Required: Record the events occurring on May 1, May 15, and May 31 in a horizontal statements model, Note: Enter amounts to be deducted and cosh outfiows with a minus sign. In the Statement of Cash Flows column, indicate Whether the item is on operating octivity (OA), investing octivity (IA), or financing activity (FAl. Nat all wall

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