. The stockholders' equity section of Johnson Corporation at December 31, 2018,

included the following:

Common stock, $10 par value, 250,000 shares authorized,

150,000 shares issued and 110,000 shares outstanding ..................... $1,500,000

On March 1, 2019, the board of directors declared a $.90 per share dividend, payable

March 31, 2019, to stockholders of record on March 15, 2019.

Prepare any entries needed on the declaration, record and payment dates. Omit

explanations.

Date	Account Titles	Debit	Credit