sporation earned net income of $95,000 during the year ended December 31, 2017 On December 15. Hazel Corporation declared the annual cash dividend on its 8,500 $5.00 preferred shares and a $0.80 per share cash on its 55.000 common shares. Hazel Corporation then paid the dividends on January 4, 2018 Tize for Hazel Corporation Caring the cash dividends on December 15, 2017 ying the cash dividends on January 4, 2018 Bournalize the declaring of the cash dividends on December 15, 2017 (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit 2017 ho humith a. Journalize the declaring of the cash dividends on December 15, 2017. (Record debits first, then credits. Exclude explanations from journal e Journal Entry Date Accounts Debit Credit 2017 b. Journalize the payment of the cash dividends on January 4. 2018 b. Journalize the payment of the cash dividends on January 4, 2018 Journal Entry Date Accounts Debit Credit 2018