The Estrella Corporation has 80,000 shares of common stock outstanding. If they declare a cash dividend of $1.00 per share on November 1st for their shareholders who are registered on the 1st. from December. The dividend is paid on December 31.

Prepare the records with their corresponding dates for the declaration and payment of cash dividends.

Determine the number of dividends paid to your common stockholders.

You must record each and every transaction.

Compose the results of implemented calculations