Pina Colada Corp. has 7,400 shares of common stock outstanding It deciares a $2 per share cash dividend on November 1 to stockholders of record on December 1 . The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)