Final Exam Sed Help Save & Exit Submit 8 TB MC Qu. 10-111 The board of directors of Capstone... The board of directors of Capstone Inc declared a $0 40 per share cash dividend on its S1 par common stock On the date of declaration there were 49,000 shares authorized, 17000 shares issued, and 3000 shares held as treasury stock What is the entry when the dividends are declared? 013642 A. 5,600 3.600 B. 5,600 5.600 Dividends Dividends Payable Dividends Cash Dividends Dividends Payable Dividends Cash 19,00 19,600 D 6,300 5,800 Mun Choice & Prov Next CE 513 1 8 Multiple Choice 8 01.261 O Option A Option o Optionc o Option D