Shetfield Corp. has 1,000,000 authorized shares of $24 par value common stock. As of June 30,2020 , there were 750,000 shares issued and outstanding. On June 30,2020 , the board of directors declared a $0.50 per share cash dividend to be paid on August 1 , 2020 Prepare the necessary journal entries to be recorded on (a) the date of declaration, (b) the date of record, and (c) the date of payment (If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Credit account tities are automotically indented when the amount is entered. Do not indent manually.)