Question 1 of 9 0.67/1 Your answer is partially correct. On January 1, Kingbird, Inc. had 65,700 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. Issued 8,600 additional shares of common stock for $10 per share. Declared a cash dividend of $1.60 per share to stockholders of record on June 30. July Paid the $160 cash dividend. Issued 4,300 additional shares of common stock for $13 per share. Declared a cash dividend on outstanding shares of $170 per share to stockholders of record on December 31. 1 June 15 10 Dec. 1 15 Prepare the entries, if any, on each of the three dates that involved dividends. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 15 Dividends 118880 Dividends Payable 118800 July 10 Dividends Payable Cash Dec. 15 Dividends Dividends Payable