The Board of Directors of Devious Corp declares a cash dividend of $1.17 per common share on 15 October for all shareholders of record as of 31 October. The dividend payment date is 12 November. 700,000 shares are outstanding. The payment would be recorded as a) Debit Retained Earnings and Credit Cash b) Debit Common Dividend Payable and Credit Cash c) Debit Cash and Credit Retained Earnings d) Debit Cash and Credit Common Dividend Payable