Question 2 The Springfield Corporation has 48 000 $2 nor cumulative preferred shares that have been issued It declares a quarter y cash dividend on November 15 to share o ers o reco on December 10 TI e di idendis paid 0 December 31. Prepare the entries on the appropriate dates to record the cash dividend. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 10