Hemingway corporation has 100,000 shares of common stock issued and outstanding. at the meeting of the board of directors on december 1, 2018, the board voted to declare a cash dividend of $5 per share to be paid on december 31, 2018, to shareholders of record as of december 16, 2018. complete the necessary journal entry on the date of declaration by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.