The Clinton Corporation has 48,000 $2 noncumulative preferred shares that have been issued. It declares a quarterly cash dividend on November 15 to shareholders of record on December 10. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the cash dividend. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts) Date Account Titles and Explanation Debit Credit Dec. 10 Please help and explain all your steps. Thank you