The following share capital information is available for a corporation with an April 30, 2022 year-end: The shares were issued when the corporation began operations on May 1, 2015. No dividends were declared during the fiscal years ended 2020 and 2021. On February 28, 2022, the board of directors declared the required preferred share dividends and a $0.60 dividend for each of the common shares. The dividends are payable on April 1, 2022, to the shareholders of record on March 15, 2022. Preferred shares, $2.50 cumulative, 31,000 shares issued Preferred shares, $3.75 noncumulative, 12,000 shares issued Common shares, 230,000 shares issued $1,000,000 600,000 1,380,000 Prepare journal entries on the appropriate dates for the 2022 dividends. (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.) Account Titles and Explanation Debit Credit Date Feb. 28, 2022 April 1, 2022 List of Accounts