The board of directors of Capstone Inc. declared a $0.40 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 28,000 shares issued, and 5200 shares held as treasury stock. What is the entry for the dividend declaration? 10,080 A) Retained earnings Cash 10,080 10,080 B) Retained earnings Cash dividends payable 10,080 C) 9120 Retained earnings Cash 9120 91201 D) Retained earnings Cash dividends payable 9120