Question 25 (2 points) For each of the following transactions, indicate the account that should be debited as part of the transaction. Declared a cash dividend to common shareholders of $2 per share. Declared a 20 percent stock dividend. 1. Retained earnings a 20 percent stock dividend. 1. Retained earnings v 2. Common shares Repurchased common shares at the same price as the average price the shares were previously issued at. 3. Dividends payable 4. Cash Declared a two for one stock split. 5. Income Summary issued at. 4. Cash Declared a two for one stock split. 5. Income Summary 6. No entry needed Paid a previously declared cash dividend to common shareholders. Sold 4,000 common shares to an investor for $50,000