Sheffield Corp, has 8,600 shares of common stock outstanding. It declares a $1 per share cash dividend on November ito stockholders of record on December 1. The dividend is paid on December 31 Prepare a tabular summary to record the declaration and payment of the cash dividend. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that was reduced) Assets Liabilities Paid-in-Capital Cash Revenue Dividend Payable $ 5 $ Nov. 1 Dec 31