Stapley Black \& Decker is a leading global manufacturer and marketer of power tools, hardware, and home improvement products A press release contained the following announcement: NEW BRITAIN, Connecticut- (BUSINESS WIRE)-October 15. 2019 - 5 tanley Black \&. Decker (NYSE. SWK) announced today that its Board of Directors approved a regular fourth-quarter cash dividend of $069 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industral companieg listed on the Now York Stock Exchange. The dividend is payable on Tuesday. December 17,2019, to sharehiolders of record as of the close of business on Friday. November 29.2019 At the tume of the press release, the company had 300 million shares authorized and 148 million outstanding. The par value for the company's stock is $250 per share Required: 1. \& 2. Prepare joumal entnes as appropriate fot each of the three dates mentioned above and to close the dividends account Assuming no other dividends were declared duting the yeac, prepare the closing entry if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars fiot in millions.) transactionievent, select "No Journal Entry Required" in the first account field. Enter your Journal entry worksheet Record the declaration of a cash dividend of $0.69 per share. Note: Enter debits before credits. Journal entry worksheet Record the entry on the date of record for a cash dividend of $0.69 per share payable on the 148 million shares of stock outstanding. Note: Enter debits before credits. Journal entry worksheet 4 Record the payment of the cash dividend. Note: Enter deblis before credits. Journal entry worksheet Record the entry to close the dividends account. Notes Enter debits before credits