Waterway Corporation has 76,000 shares of common stock outstanding It declares a $1 per share cash dividend on November 1 to stackholders of record on December 1 . The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journat entries in the arder presented in the problem. Credlit occount titles are outomoticolly indented when amount is entered, Do not indent manually if no entry is required, select "No Entry" for the occount titles and enter O for the amounts)