Yougi Corp. is an animation studio that issued the following recent press release: April 1Yougi Corp. today announced that its Board of Directors has declared a cash dividend of $0.60 per share on 515,000 outstanding preferred shares. The dividend will be paid on or before May 31, to preferred shareholders of record at the close of business on May 26. The Company's fiscal year will end on June 30. Required: 1. Prepare any journal entries that yougi Corp. should make on the four dates mentioned in the press release. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the declaration of a cash dividend of $0.60 per share for the 515,000 shares of preferred stock outstanding. Note: Enter debits before credits. Date General Journal Debit Credit April 01 Journal entry worksheet Record the payment of the cash dividend to the preferred shareholders. Note: Enter debits before credits. Date General Journal Debit Credit May 31 Record entry Clear entry View general journal Journal entry worksheet Record the entry to close dividends account. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal