Check my work 4 Following is a recent Microsoft press release: REDMOND, Wash.-March 16, 2016- Microsoft today announced that its board of directors have declared a quarterly dividend of $0.36 per share. The dividend will be payable on June 9, 2016, to shareholders of record on May 19, 2016. The ex-dividend date will be May 17, 2016. ints Prepare the journal entries Microsoft used to record the declaration and payment of the cash dividend for its 7,870 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) eBook Print References View transaction list Journal entry worksheet Record the journal entry on the declaration date