Thestockholders equity section of Kngbird Corporation at December 31,2019 , included the following: Dividends were not declared on the preferred stock in 2019 and are in arrears. On September 15, 2020, the board of directors of Kingbird Corporation declared dividends on the preferredstock for 2019 and 2020 , to stockholders of record on October 1,2020, payable on october 15.,2020. On November 1,2020, the board of directors declareda $0.70 per share dividend on the common stock, payable November 30,2020 to stockholders of record on November 15,2020. Prepare the journal entries that should be made by Kingbird Comoration on the dates indicated below: (if no entry is required, select "No entry" for the account tities and enter of for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually, List all debit entries before creditentries) If no entry is required, select "No entry" for the occount tities and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries)